Tax-haven abuse targeted in 2009

03/16/2009 | JournalofAccountancy.com

President Barack Obama's proposed budget and a bill recently introduced in the House and Senate focus on "international tax reform and enforcement," according to this article. Eileen Reichenberg Sherr writes that the budget proposal is vague, but the Stop Tax Haven Abuse Act contains many specific provisions that would combat the use of offshore tax havens.

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