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Senate Panel Probes Tax Shelters

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Senate Panel Probes Tax Shelters

Business

Senate Panel Probes Tax Shelters

Senate Panel Probes Tax Shelters

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  • <iframe src="https://www.npr.org/player/embed/1510553/1510554" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

A Senate Subcommittee begins a two-day hearing on tax shelters, which it says have been unscrupulously marketed to help clients avoid paying taxes. Testimony will center on the marketing practices of accounting firm KPMG, which says it has discontinued selling tax shelters. Hear NPR's Bob Edwards and NPR's Jim Zarroli.