Haven sent
by Jessie Hewitson, thenational.ae
Last Updated: October 20. 2008 8:39PM UAE / GMT
Around the world, a quiet but fierce battle is raging. In a bid to lure high net-worth individuals to their shores, the world’s tax havens are trying to outrival each other with tax breaks. And the list of combatants is not a short one […]
I.R.S. to Tighten Tax Oversight of Foreign Banks
By LYNNLEY BROWNING, The New York Times
Published: October 16, 2008
The Internal Revenue Service has issued new rules applying to a multibillion-dollar I.R.S. program that allows foreign banks to funnel money overseas on behalf of American clients .
New rules, issued Monday, apply to a little-noticed, multibillion-dollar I.R.S. program that allows participating foreign banks to funnel hundreds […]
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