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Bull’s eye on tax-shelter promoters

People who promote offshore tax havens and abusive tax shelters would face tougher sanctions under companion bills on Capitol Hill.

People who promote offshore tax havens and abusive tax shelters would face tougher sanctions under companion bills on Capitol Hill. S 681 and HR 2136 would impose up to a 150% penalty on profits made by investment or tax advisers and the like who aid clients in illegally sheltering assets. Currently

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