Tax Evaders Out, Meetings In

In the past year, four more Caribbean nations have made their banking systems more transparent to the Internal Revenue Service in return for favorable tax status for U.S. meetings. Antigua & Barbuda, The Bahamas, The Cayman Islands, and The British Virgin Islands join 10 other Caribbean-area destinations where a U.S. company can take the same tax deductions as they would for a U.S.-based meeting.

In general, business meetings held outside North America are not tax-deductible unles

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