Offshore Accounts And The Irs Hiring Spree: Difference between revisions

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Latest revision as of 13:38, 12 November 2024

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The federal income tax statutes echos the language of the 16th amendment in on the grounds that it reaches "all income from whatever source derived," (26 USC s. 61) including criminal enterprises; criminals who fail to report their income accurately have been successfully prosecuted for bokep. Since the words of the amendment is clearly suitable to restrict the jurisdiction within the courts, it is not immediately clear why the courts emphasize which "all income" and disregard the derivation of the entire phrase to interpret this section - except to reach a desired political result.

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