Tax Advisor Accused Of Helping U.S. Taxpayers Hide More Than $100 Million

  • by:
  • Source: Forbes
  • 07/17/2023

An international tax advisor has been re-arrested and charged for his role in a conspiracy to engage in tax fraud for over seven years. Frank Butselaar, a citizen of the Netherlands, was charged with one count of conspiracy to defraud the U.S. and five counts of aiding and abetting the filing of false tax returns.

Butselaar had been arrested earlier this year following a request from the U.S. to Italy for provisional arrest for purposes of extradition and was returned to custody this week in Italy following a favorable ruling on the extradition request.

According to court documents, Butselaar was an advisor to high-net-worth DJs and fashion industry clients. Two of Butselaar's clients involved in the investigation are not named in the indictment and are referred to as Client-1 and Client-2. Both are described as "internationally renowned DJs" specializing in electronic dance music, or EDM, who earn money worldwide. Both clients are also described as having spent enough time in the U.S. to be required to file a U.S. tax return.

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