Montvale, N.J. (Dec. 12, 2003) -- KPMG, one of a number of accounting firms under regulatory scrutiny related to the marketing of tax strategies deemed to be abusive, responded to comments by the Department of Justice that accused the firm of thwarting the Internal Revenue Service’s investigation into its tax sheltering activities.
In documents this week in federal court in Washington, the DOJ said KPMG “uses delaying tactics to frustrate the IRS’s examination” and said the firm’s actions "demonstrate a concerted pattern of obstruction and non- compliance, threatening the integrity of the IRS examination process."
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