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Government Focusing on Abusive Offshore Transactions

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of Stephen K. Vetter
    Stephen K. Vetter

Recent US government hearings and reports have focused on abusive international tax planning and the unscrupulous promoters selling those plans. These government investigations should serve as a reminder to all professionals involved in international tax planning that international trust structures, their underlying corporations and transactions between them must be real and have economic substance. November 30, 2006. Download