Are they using the shell company as a way to move taxable


Billing and collecting for non-existent goods and services has been a possible fraud scheme for a long time. But, can you further explain the shell company issue? Are they using the shell company as a way to move taxable income to a locality that has reduced or no income taxes or to steal funds or what?

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Accounting Basics: Are they using the shell company as a way to move taxable
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