Washington (May 4, 2004) – The tax commissioners of Australia, Canada, the United Kingdom and the United States have signed a Memorandum of Understanding to establish a joint task force to increase collaboration and coordinate information about abusive tax transactions.
An initial focus of the work will include the ways in which financial products are used in abusive tax transactions by corporations and individuals to reduce their tax liabilities, and the identification of the promoters who develop and market those products and arrangements.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access