Tag Archives: taxes

Former head of Morgan Stanley indicted for evading $45 million in taxes

Morris Zukerman Morgan Stanley tax evasion

Morris Zukerman spent 16 years at Morgan Stanley, at various points overseeing its energy and merchant banking practices, before starting his own investment firm in the late 1980s. His firm’s partners have included ConocoPhillips, ExxonMobil and Kinder Morgan. He endowed a Harvard sociology professorship. He collected dozens of expensive paintings, …

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David Cameron: Taxes will rise unless we can raid bank accounts

David Cameron

Taxes will have to rise unless officials are given new powers to raid people’s bank accounts, David Cameron has said. The Treasury select committee warned that allowing HM Revenue and Customs to remove cash from bank accounts without court orders is “very concerning” because of its history of mistakes. The …

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