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Imagine a situation in which a client under audit by the IRS
omitted $100,000 in income. From the e-Activity, examine the
major factors relative to the omission by the client that would
result in a criminal investigation, rather than a civil fraud
proposal by the IRS.
Per the text, a U.S. parent company does not include the income
of a foreign subsidiary until the income is repatriated as
dividends. Defend the creation of foreign subsidiaries as a
mechanism to defer income of major U.S. companies. Propose a
new tax law that will benefit the U.S. Treasury from the deferral
of income from foreign subsidiaries and encourage the
repatriation of the previously deferred income.

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