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Financial Times Talks to Mark Matthews on Offshore Crackdown Returns

August 9, 2015, Financial Times

Mark E. Matthews spoke with the Financial Times concerning returns from the global crackdown on tax evaders, which exposes non-compliant taxpayers to an unprecedented risk of prosecution.  In 2017, dozens of countries will begin to exchange tax files automatically as part of a coordinated global effort. For the full article, please visit FT's website (subscription required).

Excerpt taken from the article.

Mark Matthews of law firm Caplin & Drysdale, a former deputy Commissioner of the Internal Revenue Service in the US, was sceptical about the returns from the offshore crackdown. "You would think there's a pot of gold and everyone's budget would be balanced if we just went after global tax cheats. I don't think there's a pot of gold."


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