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John J. Tigue Jr. and Jeremy H. Temkin, principals in Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, write that for years, the IRS has periodically declared its "increased" focus on abusive tax schemes and overseas tax shelters. In furtherance of these efforts, the IRS has offered initiatives to encourage self-reporting by taxpayers, relied on information obtained pursuant to U.S. law to ferret out possible wrongdoing through use of overseas tax havens, and sought information from financial institutions that execute overseas transactions for their clients.
July 17, 2008 at 12:00 AM
1 minute read
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The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.
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The premier educational and networking event for employee benefits brokers and agents.
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