Treasury Enforcement Agent Exam Criminal Law & Federal Statutes 2

Question 1

Which federal statute specifically criminalizes willfully making and signing a false tax return under penalty of perjury?

Accepted Answer

26 U.S.C. § 7206

Answer

26 U.S.C. § 7201

Answer

26 U.S.C. § 7203

Answer

26 U.S.C. § 7207

Question 2

What is the maximum penalty for conspiracy to defraud the United States under 18 U.S.C. § 371?

Accepted Answer

5 years imprisonment

Answer

2 years imprisonment

Answer

3 years imprisonment

Answer

10 years imprisonment

Question 3

Under the Bank Secrecy Act, which U.S. persons are required to file a Foreign Bank Account Report (FBAR)?

Accepted Answer

U.S. persons with aggregate foreign financial account balances exceeding $10,000 at any point during the year

Answer

Only U.S. corporations with foreign subsidiaries

Answer

All U.S. citizens residing abroad regardless of account balances

Answer

Any person who conducts international wire transfers

Question 4

The 'willful blindness' (or 'deliberate ignorance') doctrine allows federal prosecutors to establish what?

Accepted Answer

That a defendant intentionally avoided learning incriminating facts in order to claim ignorance

Answer

That a defendant acted with mere negligence

Answer

That a defendant's tax preparer is criminally responsible instead

Answer

That a defendant reasonably relied on professional advice

Question 5

IRS Criminal Investigation (CI) special agents derive their primary statutory investigative authority from which law?

Accepted Answer

The Internal Revenue Code (Title 26, U.S.C.)

Answer

The Revenue Act of 1918

Answer

The Bank Secrecy Act (Title 31, U.S.C.)

Answer

The USA PATRIOT Act

Question 6

To obtain a conviction under 18 U.S.C. § 1956 (money laundering), prosecutors must prove the defendant had knowledge of what?

Accepted Answer

That the property represented proceeds of a specified unlawful activity

Answer

The exact dollar amount of proceeds being laundered

Answer

The identity of all co-conspirators in the scheme

Answer

That the transaction exceeded a specific reporting threshold

Question 7

A 'Klein conspiracy' in federal tax law refers to a conspiracy to do what?

Accepted Answer

Impair and impede the IRS in its lawful function of ascertaining and collecting taxes

Answer

Evade taxes through a network of offshore shell companies

Answer

Launder tax refund proceeds through structured deposits

Answer

Bribe multiple tax preparers to file fraudulent returns