Offshore Abuses a Problem Says IRS Chief

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IRS Commissioner Mark Everson told senators Tuesday that a trend toward a world economy helps wealthy taxpayers hide money in complicated transactions offshore, virtually invisible to tax agents.

"We have real difficulties finding out what's going on," he said. "Our challenges are acute and ever-growing. Offshore abuses are a real problem."

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This page contains a single entry by Aaron A Day published on August 1, 2006 8:22 PM.

Singapore and the Rise of the City State was the previous entry in this blog.

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