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Senate to Reveal More Offshore Tax Haven Mischief

According to Michael Cohn, Editor-in-Chief, WebCPA , a Senate subcommittee plans to release another blockbuster report on the use of foreign tax havens after the first reports caused repercussions.
Last week, the Senate's Permanent Subcommittee on Investigations released a report that focused on Switzerland and Liechtenstein.
The ongoing revelations are proving to be a source of consternation for investment banks, wealthy individuals and businesses.

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