Difference between revisions of "Burton Kanter"
(Unstub) |
(desc) |
||
Line 1: | Line 1: | ||
{{person | {{person | ||
− | | | + | |description="One of Chicago's most prominent-and controversial-tax attorneys |
|prabook=http://prabook.com/web/person-view.html?profileId=1176489 | |prabook=http://prabook.com/web/person-view.html?profileId=1176489 | ||
|birth_date=12 August 1930 | |birth_date=12 August 1930 |
Revision as of 16:22, 22 November 2021
Burton Kanter (lawyer) | |
---|---|
Born | 12 August 1930 Jersey City, New Jersey, USA |
Died | October 31, 2001 (Age 71) |
Cause of death | cancer |
Alma mater | University of Chicago |
Founder of | Castle Bank & Trust |
"One of Chicago's most prominent-and controversial-tax attorneys |
Burton W. Kanter was "one of Chicago's most prominent-and controversial-tax attorneys".[1] He was a tax attorney, who handled a lot of rich people's money.[2]
Contents
Background
Kanter got a law degree at the University of Chicago (Bachelor of Arts, 1951. Juris Doctor, 1952). He was a Teaching Associate in Indiana University Law School frpm 1952-1954. He joined the staff of the University of Chicago Law School in 1985. He was an Attorney-Advisor of the Tax Court of the United States from 1954-1956.
Career
Kanter was a senior editor of the Journal of Taxation.
Lagal cases
He was acquitted in 1977 of a criminal conspiracy to avoid taxes on the profits from the $9.1-million sale of a Nevada apartment building, in connection with the Castle Bank & Trust. His law partner at the time, Roger Baskes was sentenced to two years in prison for the same charge.[1]
Kanter was due to be tried in U.S. Tax Court in Chicago in 1994 "to defend almost 10 years worth of transactions, with more than $10 million in back taxes and penalties at stake."[1]
In December 1999 he was ruled to have been "the architect" of a long-running kickback and tax-evasion scheme which siphoned money from funds managed by the Prudential and Travelers insurance companies. Judge Couvillion wrote in his 606-page decision that "What we have here, purely and simply, is a concerted effort by an experienced tax lawyer and two corporate executives to defeat and evade payment of taxes and to cover up their acts."[3]
References
- ↑ a b c http://www.chicagobusiness.com/article/19940521/ISSUE01/100012120/tax-guru-irs-ready-for-face-off-lawyers-to-stars-returns-to-court
- ↑ http://articles.chicagotribune.com/2001-11-02/news/0111020125_1_tax-court-chicago-law-school-museum-of-contemporary-art
- ↑ http://www.nytimes.com/2000/01/01/business/tax-lawyer-called-architect-of-a-tax-evasion-scheme.html