Tag Archives: Internal Revenue Service

The Internal Revenue Service is examining whether equity swaps help banks avoid taxes by masking who really owns the shares underlying the instruments.

“Federal authorities are scrutinizing certain financial derivatives that may enable Wall Street banks to avoid collecting billions of dollars in withholding taxes on stock dividends.”

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Wiser than the IRS?

He did not say, “I pay my taxes in the U.S.“:

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Bet America = Web-based betting on US horse racing

Via Simon Skinner’s comment, here… Bet America: BetAmerica.com is an online race wagering service of Lien Games Racing LLC, in association with Horse Race North Dakota, the licensed operator of North Dakota Horse Park. Licensed, based and regulated in the … Continue reading

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The information technology that caught Eliot Spitzer

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