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Global High Wealth Industry

IRS Targets Wealthy for Enforcement

27 October 2009

So, who among us didn’t see this coming? IRS Commish Doug Shulman has announced the establishment of a new enforcement unit targeting the very wealthy. The group, called the Global High Wealth Industry, will specifically investigate partnerships, offshore trusts and other techniques used by the wealthy to hide income. How wealthy is wealthy? Unlike a […]

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