Firm Partner, Damon Rowe, featured in an article by the International Consortium of Investigative Journalists, sheds light on the intricate mechanisms utilized by the ultra-wealthy to shield their income. The exposé reveals the challenges faced by tax enforcement agencies in unraveling the complexities of large partnerships, as Rowe emphasizes the depth of the issue.
Rowe, former IRS agent and now partner at Meadows Collier, offers crucial insight: "You’d have to go six layers deep to find the real person behind these entities... The entities were no more real than a hologram. They appeared only on paper."