Crime-Fraud Exception • GILTI Gambling • Low-Balling Stock Value

This is a weekend roundup of Bloomberg Tax Insights, which are written by practitioners featuring expert analysis on current issues in tax practice and policy. The articles featured here represent just a handful of the many Insights published each week. For a full archive of articles, browse by jurisdiction at Daily Tax Report, Daily Tax Report: State, and Daily Tax Report: International.

This week we look at the DOJ Tax Division’s interest in the crime-fraud exception to attorney-client privilege; the benefits and risks of the GILTI high-tax exception; how not to value stock; BEPS and Dr. Seuss; ...