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McPhee taught clients who purchased the tax shelter how to use the trusts and foundation to evade paying federal income taxes on nearly all their income.—Kelly Phillips Erb, Forbes.com, 9 Aug. 2025 Prosecutors say McPhee, from 2018 to 2023, promoted a fraudulent tax shelter to taxpayers across the country, comprised of a private family foundation and three trusts.—Sam Tabachnik, Denver Post, 8 Aug. 2025 The agreement has already led to financing for four projects and opens up the Ivory Coast to Belgium’s tax shelter system, as well as its advanced audiovisual infrastructure, training programs, and network of festivals.—Essie Assibu, Variety, 3 July 2025 In total, the clients evaded more than $37 million in federal income taxes while Mellinger and one of his co-conspirators, who was a relative, earned a collective $3 million from promoting the tax shelter between 2013 and 2023.—Angie Dimichele, Sun Sentinel, 14 May 2025 See All Example Sentences for tax shelter
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