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false return

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Noun1.false return - an incorrect income tax return
income tax return, return, tax return - document giving the tax collector information about the taxpayer's tax liability; "his gross income was enough that he had to file a tax return"


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net (Staff Writer) The US' Securities and Exchange Commission said it has obtained an emergency court order to freeze the assets of a Connecticut-based money manager and the hedge funds that he controls, alleging that he forged documents, promised false returns, and misrepresented assets managed by the funds to illicitly raise more than $30 million from investors.
Jewell created a fraudulent business transaction to substantiate the false return, according to the prosecution, which resulted in a tax loss to the government of more than $700,000.
Most of the tax preparers appeared willing to file false returns.
 
 
 
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