A recent $263 million tax whistleblower settlement marks one of the biggest cases of its kind. The complex investigation involved three unrelated whistleblowers who will split an award of 30% of the recovered amount (a net $74 million after accounting for a mandatory sequestration reduction). Tax whistleblowers are generally entitled to awards of 15% to 30% of proceeds. The information must relate to taxpayers whose gross income exceeds $200,000 for at least one of the tax years in question. It must also relate to a tax dispute greater than $2 million.
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