HRC's tax returns and The Quello Fund ("offshore tax haven abuses"?)

[rainbow4321]

Found this:

http://trailblazersblog.dallasnews.com/archives/2008/04/friday-afternoon-data-dump-cli.html#comments


Clinton and backer use tax haven investigated by Congress

http://www.nytimes.com/2006/08/01/business/01tax.html?pagewanted=print

The Quellos Fund was investigated by Congress. Hillary Clinton uses it. See page 8 of her 2006 tax returns.

http://www.hillaryclinton.com/feature/returns/2006.pdf

Also, note that Haim Saban is a major backer of Hillary Clinton.

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http://seattle.bizjournals.com/seattle/stories/2006/12/04/story1.html

Quellos was front and center in an Aug. 1 report by a U.S. Senate subcommittee investigating offshore tax haven abuses. The report said Quellos "designed, promoted, and implemented" a tax shelter called POINT, which was used to shield $2 billion in capital gains from U.S. taxes, costing the U.S. Treasury $300 million in revenue. The report said the POINT tax strategy "was based upon billions worth of fake securities transactions that were used to generate billions of dollars in fake capital losses" in a bid to avoid paying taxes.