Taxation of the Clawback in a Ponzi Scheme – Maximum Tax Recovery

Tax Law Seminar
Total presentation time: 01:32:07

Seminar Outline:

• Review of Direct Ponzi Scheme Losses
• Clawbacks
• Mitigation
• Ponzi Loss – Summarize
• Clawback – Tax Profits
• Clawback – Principal
• Summary
• Safe Harbor
• Net Operating Losses

Seminar Resources: Taxation of a Clawback in a Ponzi Scheme

1. Presentation slides: download slides as pdf
2. Report to Congress: The U.S. Government Accountability Office (GAO) Report on Customer Outcomes in the Madoff Liquidation Proceeding. download here
3. IRS Revenue Ruling: download as pdf
4. Revenue Procedure: download as pdf