Bryan C. Skarlatos Quoted in Tax Analysts Article, "U.S. Taxpayer Revelations From Panama Leak Expected to Be Modest"

By Amanda Athanasiou
May 2016

Bryan C. Skarlatos is quoted in the Tax Analysts article, "U.S. Taxpayer Revelations From Panama Leak Expected to Be Modest" by Amanda Athanasiou.  In the article, Mr. Skarlatos states:

The data are unlikely to reveal large-scale noncompliance by U.S. taxpayers that hasn't already been disclosed or cleaned up, said Bryan C. Skarlatos of Kostelanetz & Fink LLP. "The main contribution of this data is that it's lifted back the curtain, enabling us to see evidence of hidden accounts and bearer share company structures that the public hears about, but never really sees," Skarlatos said. The primary impact in the U.S. will be to raise awareness about how bank secrecy works around the world, through the use of those bearer share corporations, he added.