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Showing posts with label offshore bank accounts. Show all posts
Showing posts with label offshore bank accounts. Show all posts

March 19, 2014

Offshore taxes may slow audits for some U.S. multinationals: IRS

WASHINGTON (Reuters) - Multinational businesses that often fight with the U.S. Internal Revenue Service over their worldwide taxes may be dropped from an IRS program meant to smooth corporate audits, a senior IRS official said on Tuesday.