04/12/2010
https://www.congress.gov...
"Does the IRS care about people circumventing our tax laws through the use of shell/sham corporations offshore?"
"Now, why do you think mutual funds are setting up these corporations offshore rather than here in the United States?"
"Now, do you both agree that if a mutual fund bought and sold commodity futures or a commodity swap--in other words, if a mutual fund made a direct investment in commodities, the income from those inve..."
"it is our joint intent that even though there may not be consensus on the effect of speculation, that there is consensus that our laws are intended to be followed"