It’s not April 1st, Or is it? Courtesy of this Tweet via Francine I am struggling to overcome laughter convulsions. The FT reports that:
The IRS is planning to speak on Tuesday to six accounting firms about how they could help find foreign banks that fail appropriately to identify US customers holding investments or income in offshore accounts, according to people briefed on the plan. A conference call has been scheduled between the agency and Deloitte, Ernst & Young, KPMG, PwC, Grant Thornton, and BDO Seidman, they say…
…The IRS declined to comment on the conference call on Thursday. All the firms were contacted on Thursday but either declined to comment or were not immediately available.
I’ll bet. I can just see senior tax partners getting ready to BOGU (Bend Over and Grease Up) for that call.
Given that KPMG is among the most egregious of the tax fraud perpetrators in recent times and that none of the others escapes scrutiny, what on earth does the IRS expect to achieve? This falls into the: I’m Totally Dopey category as far as I am concerned. Or Dickwad Of The Week which I usually reserve for PR gaffs. Maybe it is?
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