Closed for Business: Shutting Down the US as an Offshore Tax Haven
Published on: Wednesday 15 May 2019
While U.S. taxpayers think of Switzerland and Caribbean islands as tax havens many foreign nationals use U.S.-based vehicles to evade their own tax obligations. In this edition of his Tax Litigation Issues column Jeremy H. Temkin discusses a recent filing seeking “John Doe summonses” based upon a treaty request from Finland which serves as a reminder that offshore tax evasion is not a uniquely American problem.
News source: https://www.law.com/newyorklawjournal/2019/05/15/closed-for-business-shutting-down-the-us-as-an-offshore-tax-haven/
