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 Bundesrat, the German Senate, which is in control of the Social Democrats. UBS Deutschland's Frankfurt office was raided by tax investigators in May, and over 100,000 computer files and records were seized. The evidence is being assessing this evaluated for evidence that UBS employees enabled tax evasion. The bank, which claims it is cooperating with the investigators, says that "an internal investigation into the specific allegations has not identified any evidence of misbehavior by UBS Deutschland AG." A similar probe of Credit Suisse Group AG's resulted in a €150 million settlement with the bank. In a case analogous to the