Washington (Nov. 18, 2003) -- Officials of Big Four firm KPMG are scheduled to testify before the Senate Governmental Affairs permanent investigations subcommittee, in the first of two days of scheduled hearings this week on the marketing of tax shelters by accounting and law firms.
A recent Senate investigation determined that KPMG aggressively marketed tax shelters via a telemarketing center and also utilized client return data as potential “leads” for tax shelters.
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