Ever wonder how a tax shelter really operates? Our reporters went inside the shadowy world of offshore tax havens with two U.S. companies who managed to rack up a $200 million unpaid tax bill:
IRS documents obtained exclusively by The Daily reveal that the two companies, Aspen Parent Corp. and Birch Parent Corp., together owe the federal government at least $202 million. The documents, which list the agency’s tax liens against corporations, were provided in response to a Freedom of Information Act request.
Today, Birch and Aspen have been dissolved, leaving few footprints on the public record. But when they were operating, both used “P.O. Box 398, Douglas, British Isles, Isle of Man” as one of their addresses. And both had the same two British nationals as officers: Douglas Mullins as president and Julian Trinder as secretary.
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