Coleman chairs hearings on tax loopholes

Grants | Legacy Digitization | Topics | Politics | Business & Industry |
November 18, 2003
Jayne Solinger - Reporter
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Minnesota Senator Norm Coleman chaired a hearing today on the practice of marketing tax loopholes. The accounting firm KPMG is alleged to have developed, marketed and implemented tax shelters for wealthy clients. Coleman is the chair of the Permanent Subcommittee on Investigations, which is holding this week's hearings. He says KPMG isn't the only accounting firm to have used such practices.

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