Billionaire Brockman Still Hiding Assets to Dodge IRS, U.S. Says

Billionaire Robert Brockman is still moving assets among offshore tax havens and transferring property to family members to avoid paying his $1.4 billion tax bill, according to U.S. officials seeking a judge’s authorization for an immediate government levy.

The Justice Department urged a federal judge in Houston to rule by Feb. 9 that the Internal Revenue Service rightly demanded payment by Brockman, 80, a retired software mogul who was separately indicted in the biggest-ever U.S. criminal tax-evasion case against an individual. The IRS wants a “jeopardy” levy to bypass a review process that can take years, the department said in ...