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Federal Efforts to Define and Combat the Tax Haven Problem

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Federal Efforts to Define and Combat the Tax Haven Problem by United States General Accounting Office
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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.
Release date NZ
December 15th, 2004
Country of Publication
United States
Books for Business
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