Federal Efforts To Define And Combat The Tax Haven Problem

Federal Efforts To Define And Combat The Tax Haven Problem

Editorial Reviews
Book Description
Testimony from the Director of the General Government Division of the General Accounting Office before the Subcommittee on Commerce, Consumer and Monetary Affairs of the Committee on Government Operations of the U.S. House of Representatives, primarily on the Internal Revenue Service's efforts to detect and deter tax law abuses relating to tax havens.

The Federal Government is concerned about tax havens primarily because they afford significant opportunities to abuse the tax system, particularly through tax evasion. While the extent of illegal use of tax havens cannot be readily quantified, IRS estimates that tax evasion through the use of haven countries is costing the Treasury billions of dollars annually.

Federal Efforts To Define And Combat The Tax Haven Problem,United States General Accounting Office,Books for Business,0894992317,General,Law,Legal Reference / Law Profession,Jurisprudence & General Issues

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