Chinese tax lawyer development

Happened to see an article about the America tax lawyer "Kahneman" on the Internet, the American tax lawyer service marketing and service range were introduced, and the "big four" tax service from another perspective is evaluated, although is not very comprehensive, but this kind of look at the issue from multiple angle, I think there is merit, the remarkable development of China tax lawyer. The full text is as follows:
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  Keenman - American best "tax law expert" (posted)
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  global one of the "big four" accounting firm KPMG recently publicly acknowledged, some former partner their wrongdoing, selling products to customers of tax avoidance, misuse, caused $1400000000 in losses to the USA treasury. The focus of this situation is caused -- KPMG will step in to Andersen, "four" and then loss will be?
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  "reasonable tax avoidance" belongs to a walk in the "legal" and "illegal" topic in the American, huge market demand for many professionals always enjoy it, whether it is KPMG the accounting giant or this article is going to mention small -- Gary Kahneman characters into big business.
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Big business one of the little people of a $50000000 scheme
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  today, the hero of our story is called Gary Kahneman, he is a lawyer USA Dallas, unlike other lawyers, all relevant criminal or civil lawsuits are not much correlation with Kahneman, strictly speaking he is providing a legal service -- a legitimate reason "how law loopholes" service. Say so obscure adjectives make people feel at a loss, it is time to reveal the answer. In fact, the business of Kahneman is a word: teach people how to USA legitimate tax avoidance.
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  in USA such a tax power, tax avoidance is a very popular. Sales tax advice for people everywhere, the formal law firm or accounting firm to provide tax avoidance scheme is very complex, and Kahneman such as "guerrilla" provide is mostly illegal secret overseas accounts.
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  "avoidance methods in many big CPA firms set up specially team to develop high additional value, also has a special tax sales department, the salesman with a long list of ways to sell to customers, top write all kinds of tax avoidance." Kahneman said: "a small part of tax avoidance methods these methods only you can know that, the most important is, there is no law prohibits those things now."
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  nobody knows America now how many lawyers or accountants and Kahneman do the same job, but there is no doubt that this will be a staggering figure. Like Kahneman, an ordinary working procedures: achieve tax avoidance purpose through a complex transaction offset income, including the sale of short and long term currencies futures, the transfer of assets to the new company, in the sale of assets before deliberately let asset devaluation. This earned him a $1060000 payment. Tax avoidance schemes can also be sold many times over, Kahneman had sold a listing Corporation design scheme to 47 customers, and US $50000000 in revenue.
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  "knowledge economy" has created a huge space for development as a tax lawyer, sales tax avoidance schemes became accounting industry's main business, the big accounting firms fall over each other to develop new markets.
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  accounting giant end milepost type victory America Department of Justice
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Former tax business partner Donald Friswold   accounting, auditing industry giant KPMG said: "the internal pressure and the sales tax avoidance schemes more big, like a monster, must feed it constantly." BDO company has a professional sales team of tax avoidance, nicknamed the "wolf pack", the company only in 2000 tax revenue was $100000000, account for more than half of the total income of the company. According to a report by the IRS, KPMG also has its own tax avoidance schemes, called Blips, in 1999 and 2000 to 186 customers, resulting in USA Treasury $1280000000 in tax revenue.
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  in addition, PWC has also developed a variety of tax avoidance method, but in 1999 by the Ministry of Finance rebuke, convergence. The summer of 2002, PWC to the IRS to $1000000, up tax dispute. The company said it did not sell any IRS that tax avoidance method improper.
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  but it is never long. In August 26th this year, when KPMG admitted that alleged tax fraud and agreed to pay a $456000000 fine, the Department of justice has won a milepost type tax litigation victory.
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  relative to the KPMG business, Kahneman is just like a small fish and shrimp, but knows the legal matters, he did not worry too much about their prospects: "America Taxation Bureau said that the transaction is not legitimate, but the court has not ruled on these content. Only from the legal point of view, the federal court may award these transactions have no problem."
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  in USA, tax avoidance as unpatriotic name. In the UK, the tax bureau will be put on a par with tax avoidance and drunk driving. According to the organization for economic cooperation and development based in Paris, said, "to discuss tax avoidance has become a fixed agenda in the movement of corporate social responsibility".
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  but in any case, huge buyer's market or the existence of the. In the period of economic prosperity in the 90's of the last century, a large number of the rapid growth of wealth, the tax law is not very understanding of the upstart become the main purchase groups of tax avoidance schemes. Kahneman said: "if you asked a businessman, spent $10000 to buy a street department store? He would think it over and over again, but also to each bean sauce bottle store points on the shelf. But if you tell him, we have an exciting idea, you can save $5000 in taxes, he can scarcely wait to answer: 'too good, where am I going to do? This is to ensure that no found out well.'" Unfortunately, it was found out, once the province of large sums of money managers now face a penalty light resources price.
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  as the saying goes, you don't know can't blame. Some millionaires will push all the responsibility to their tax advisers, to file a complaint to the accounting firm. Florida software entrepreneur James bonny as early as 2003, sued KPMG induced him to purchase tax avoidance scheme, said he did not understand the complex transaction, but still follow, because he trusted in the firm's reputation: "it's like following a police like, you don't hold yourself responsible person in the analysis of the" fortune "500 strong in 275 enterprises in the tax situation in two years in the criminal social activity group citizens for tax justice organization. They found that, these enterprises the average tax ratio of less than half the legal ratio of 35%, 82 enterprises have not paid or underpaid in federal income tax. "Financial Times" a survey by the brand is, the situation is similar to the UK subsidiary of Multi-National Corporation.
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  avoidance industry "lineup huge" 500000 and 35000000000 jobs income
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  to printed about 480 copies of different tax form is said to USA inland revenue a year, plus 280 copies of the form to explain how taxpayers to fill in a form. The bureau also issued 8000000000 year tax forms, Americans spend 5400000000 hours a year income tax form, cost a total of $200000000000, an average of $700 a year for every american.
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  until 2003, America income tax law and rules have been as many as 50000 pages. Every year America domestic income bureau to about 100000000 taxpayer issued 8000000000 page form and instructions, if they are end to end, these forms and instructions can be extended for nearly 700000 miles, equivalent to 28 laps around the earth. To print these forms and instructions, each year to cut nearly 300000 trees.
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  perhaps this is America tax system realistic -- some economists American joked, you find a group of experts to what kind of, no matter how they work hard, it is hard to imagine that they can create more onerous than its tax system.
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  many America expert thinks, America model tax system is a failure. Because taxpayers huge consumption of resources in the design and implementation of tax avoidance schemes, the ultimate beneficiaries of this complex system is Kahneman such as accountants and lawyers, and non Treasury and taxpayers.
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  legitimate tax avoidance, has become an important industry USA society, rely on this occupation people eat about 500000, and their average annual income of $75000 a year, the taxpayer is paid the industry paid $35000000000.
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  from character to the KPMG tax changes in the legal and illegal
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  let us attention from the characters back to KPMG. According to the survey report USA a Senate Subcommittee, KPMG has started selling tax shelter to "aggressive marketing strategy" in 1997, provides services for a total of about 350 people, and earned a profit of about $124000000.
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Four kinds of tax shelters   KPMG promotion including "blips", the target customer is the annual income and capital gains in the rich more than $20000000, the tax is, by weaving a perplexing debt net, think of ways to increase taxpayer losses and other expenses expenses, in order to reduce the taxpayer's taxable amount, so as to reduce the tax purposes. The rest is foreign leveraged investment projects, offshore portfolio strategy and SC2. That USA IRS, the former three many products related to rules of abuse or illegal tax shelters, grey zone last walk in the regulations, under consideration. However, KPMG says, before 2002 have to stop all these four products sales. At present, KPMG's fate is still uncertainty, because the Justice Department is also put America board strength. But when USA according to the supervision department of the Adachi Nobu step by step to kill to recruit, the KPMG disposal seem willing to give the wrongdoer a way out, more likely to be in charge of economic punishment instead of. USA IRS is currently investigating about 1000 tax consultancy. Continuously government hearings and clients such as KPMG, Ernst & young, already and PWC and other renowned institutions to assist in the teeth of the storm on the illegal tax evasion, but many like Kahneman such secret tax avoidance "experts", still be still unpunished.
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The results of a study reported in tax havens, recently released one of the Americans, "in the past three years, profit greatly to create American large Multi-National Corporation in low tax countries and zero tax rate increase.
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  released the report is called a "tax" in the notes America nonprofit book, devoted to research tax worldwide. Usa Inc to gain huge profit directly with the local economic level there is no relationship in the "tax havens". In order to Bermuda for example, according to the Ministry of Commerce statistics, in 2004 the Usa Inc obtained from the profit of $25200000000, and its annual revenue but 34300000000. Many companies set up branches in the "tax havens" to achieve "high tax", so it can bear all the costs in countries with high tax rates, and the huge profits to zero or low tax rate countries. "Tax" and notes on the Usa Inc is analyzed in different countries and regions of investment income. A research report, the Usa Inc in 2002 in the Luxemburg spent $1 to get a profit of $4.56, will get a $2.96 to $2.01 in Bermuda, Ireland, Singapore $1.72. On the contrary, in some business activities in a relatively busy market, Usa Inc's investment income will be less, for example in the UK spent $1 to get the profit of 67 cents, and in 1999 the same level of profitability, but in Germany can only earn 46 cents.
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  (Liu Tianyong, Beijing China tax law firm of tax lawyers, certified public accountant, certified tax agents. China tax law firm is the first professional tax law firm)
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