| Summary of Abusive Trust Schemes
by IRS -Criminal Investigation Division (04/15/2000)
In the last few years the Internal Revenue Service Criminal Investigation (CI) has detected a proliferation of abusive trust tax evasion schemes. Currently, there are two prevalent fraudulent schemes being promoted: the “domestic scheme” and the “foreign scheme.” The domestic scheme involves a series of trusts that are formed in the U.S., while the foreign trust scheme is formed offshore and outside the jurisdiction of the U.S. The trusts involved in the schemes, either foreign or domestic, are vertically layered with each trust distributing income to the next layer. The result of this layered distribution of income is to fraudulently reduce taxable income to nominal amounts. Although these schemes give the appearance of the separation of responsibility and control from the benefits of ownership, these schemes are in fact controlled and directed by the taxpayer. |  |
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 | Sherry Peel Jackson (1) |
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| Fully Informed Jury Association (1) |
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| Karl Marx and Frederick Engels (1) |
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| Kayo (1) |
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| Russ Kick (1) |
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| Byron King (2) |
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| James Kraft-Lorenz (1) |
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| Daniel J. Lavigne (1) |
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| C. S. Lewis (1) |
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| Ferdinand Lips (1) |
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| MARQUIS Financial Management Systems (1) |
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| Susana Mas (1) |
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| William H. McIlhany (1) |
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| Ryan McMaken (1) |
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| Professor John McMurtry (1) |
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| | Our Enemy, the State
by Albert Jay Nock (10/01/1935)
Originally published in 1935, this elegant essay on the nature of the state shows the important distinction between state power and social power. "Every assumption of power, whether by gift or seizure," Nock writes, "leaves society with so much less power; there is never, nor can be, any strengthening of State power without a corresponding and roughly equivalent depletion of social power." | |
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| Oaktree (1) |
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| Lawrence M. Parks (1) |
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