Moral Dilemma - two words that do not feature prominently , jointly or severally, in the tax advisor's lexicon. In the first half of the 20th Century when world wars were all the rage, moral dilemmas evolved from the gritty reality of combat. By the late sixties serious debate was banished to the periphery of existence…
Go ahead punk, make my day
"This tape will self-destruct in five seconds." In the 1960s, while the mission may have been impossible, information protection was very possible. Burned, swallowed or - until a bunch of bored students were looking for something to do at the US Embassy in Teheran - shredded, there was no difficulty eradicating the evidence from the face of the earth.…
Tracking tax avoidance
" U.S. Lawmakers Slam Caterpillar Over Tax Avoidance". That headline last month in one of our drab but professional trade mags brought a sardonic smile to my face as I imagined a black-windowed Hummer careering around Capitol Hill jam-packed with Senators. At the vehicle's wheel was Carl Levin who suddenly screamed "Ya-hoo" ,or whatever 80-year-old Americans from Michigan scream when…
Tax Break 