Dow Jones
The chairmen of U.S. House and Senate tax committees have asked the IRS to cease efforts to collect penalties from small businesses who bought certain employee-benefit plans branded tax shelters by the IRS.
The lawmakers told IRS Commissioner Doug Shulman in a letter, released Monday, that they intend to pass legislation reducing the penalties for such tax shelter transactions. In the meantime, they want IRS to suspend collection efforts in cases where the penalty exceeds the actual tax benefit realized by the firms.
Continue reading the article at Nasdaq.com…
Task Force Director Raymond Baker spoke to MBA students at Georgia Tech (his alma mater) ...
Standing at the pump, watching the numbers tick away, do you ever wonder where the ...
Half of the world's trade passes through tax havens. Right now, they are hiding billions ...
WASHINGTON, DC – Today, 41 business and civil society groups sent a letter to every ...
May 16, 2012
LONDON - Global Witness is today calling on Glencore to explain potentially corrupt deals in ...
May 5, 2012
WASHIGNTON, DC – A front-page article in Sunday’s edition of The New York Times drew ...
April 30, 2012
In many ways their request was simple. Bread. Freedom. Social Justice. Those are things most ...
May 16, 2012
Wednesday's daily news updates from Global Financial Integrity
May 16, 2012
An anonymous shell company is a corporation where it is impossible to know who the ...
May 16, 2012
The Task Force on Financial Integrity & Economic Development
1319 18th Street, NW Suite 200 Washington, DC 20036
Email: info@financialtaskforce.org
Telephone: +1 (202) 293-0740 | Fax: +1 (202) 293-1720
© 2009-2012 Task Force on Financial Integrity & Economic Development
Some rights reserved. 
