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IPFS News Link • TAXES: Federal

Legislation would crack down on overseas tax havens

2-19-2007 • Bloomberg News

3 Senators have proposed legislation to recover some of the $100 billion a year in tax revenue they say is lost each year to overseas tax havens, in part by requiring hedge funds to report their foreign investors to the Treasury Department.

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Reported By Powell Gammill

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Legislation would crack down on overseas tax havens

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