Best of the Web: IRS disputes US' $100bn 'tax-haven' loss estimate

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Internal Revenue Service Commissioner Douglas Shulman said projections that the US loses $US100 billion annually to offshore tax havens are "wild estimates" that "don't have much basis".

According to The Age, the tax commissioner said today, the problem is serious enough that the agency needs hundreds of new employees and new law-enforcement tools recommended by President Barack Obama. Full story...

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