Tax evasion in the United States unlawful gains as income when filing annual tax returns (see e.g., "James v. United States") although such income is typically not reported. Suspected lawbreakers, most famously Al Capone, have been successfully prosecuted for tax evasion when there was insufficient evidence to try them for their non-tax related crimes. Reporting illegal income as earned legitimately may be illegal money laundering. In the United States, the IRS estimate of the 2001 tax gap was $345 billion. For 2006, the tax gap is estimated to be $450 billion. A more recent study estimates the 2008 tax gap in the range of $450 to
UBS tax evasion controversies and said his conduct was not as egregious as that practiced by others. U.S. District Judge Kenneth Marra approved the deal. Martin Lack is a Swiss national who served as an executive director of UBS North America International through 2003, when he left to set up a Zurich-based asset management company, Lack & Partner Asset Management AG. He was indicted on 2 August 2011. Lack was charged with conspiracy to abet tax evasion by Americans by enabling them to shelter their assets in a small regional bank in Switzerland. He was charged with opening and maintaining secret bank accounts at