E. L. Wiegand Tax Law Lecture featuring Caroline D. Ciraolo
Friday, February 16 12 – 1 p.m.
Downtown Campus - SFH 529 - Classroom
Please join the Graduate Tax Program for the second annual E. L. Wiegand Visiting Fellows Program featuring Caroline D. Ciraolo.
MCLE: 1 General Credit Hour*
This program is funded by a generous grant from the Edwin L. Wiegand Trust.
Countries around the world are calculating their respective tax gaps and increasing their investment in civil tax enforcement as information regarding offshore tax evasion takes center stage with the surge of whistleblowers and data leaks. At the same time, law enforcement officials are reviewing information obtained from various sources to identify individuals and entities engaged in tax evasion and to pursue criminal investigations. With this looming threat of discovery, taxpayers are considering voluntary disclosure programs to avoid the increasingly severe consequences of non-compliance, and these submissions provide additional detailed information to government officials. As the walls close in, those intent on evading their tax and reporting obligations are finding it more difficult to identify and utilize tax havens. Still, where there is a will, someone will always find a way. Ciraolo will discuss this new era of global tax enforcement and its impact on taxpayers, their advisors, and third party gatekeepers, including banks and other financial service providers.
Caroline D. Ciraolo, former Acting Assistant Attorney General of the U.S. Department of Justice’s Tax Division, is a partner with Kostelanetz & Fink and a founder of its Washington, D.C. office. Her practice focuses on complex and sophisticated federal and state civil tax controversies, including representation in sensitive audits, administrative appeals, and litigation in federal and state courts and tax tribunals, providing related tax advice, conducting internal investigations, and representing individuals and institutions in criminal tax investigations and prosecutions.
During her tenure with the Justice Department, Ciraolo was actively involved in all aspects of Tax Division operations. Under her leadership, the Division reached agreements with 80 Swiss financial institutions that admitted to facilitating tax evasion and the avoidance of reporting requirements by U.S. account holders, and imposed and collected more than $1.36 billion in penalties, increased civil and criminal enforcement with respect to offshore tax evasion, employment tax violations, and traditional tax offenses, assisted the IRS through summons enforcement proceedings, and engaged in affirmative and defensive litigation involving abusive tax shelters and schemes, refund claims, and challenges to statutes and regulations.
In January, 2017, Ciraolo was recognized by IRS Chief Counsel William Wilkens with the Chief Counsel Award, the highest honor that can be conferred by that office. Ciraolo is a Fellow and Regent of the American College of Tax Counsel, a recipient of the ABA Section of Taxation’s Janet Spragens Pro Bono Award, and served as an instructor with the IRS Military Volunteer Income Tax Assistance program at Ft. George G. Meade in Maryland. She has been recognized by Chambers, Best Lawyers in America, Super Lawyers (Top 10 Attorneys in Maryland, and cover story in 2013), Euromoney Legal Media Group’s Americas Women in Business Law Awards (Best in Tax Dispute Resolution) (2014), and The Daily Record’s Top 100 Women Circle of Excellence.
*This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of 1.0 credit hours. The University of San Francisco School of Law is an approved provider of MCLE and certifies that this activity conforms to the standards for approved educational activities prescribed by the rules and regulations of the State Bar of California governing minimum continuing legal education.