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Bull’s-eye on tax shelter promoters

A House bill recently was introduced as a companion to a Senate measure that aims to slap tougher penalties on people who promote offshore tax havens and abusive tax shelters.

A House bill recently was introduced as a companion to a Senate measure that aims to slap tougher penalties on people who promote offshore tax havens and abusive tax shelters. HR 2136, introduced by Rep. Lloyd Doggett, D-Texas, would impose up to a 150% penalty on profits made by investment or tax a

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