Bloomberg Tax
Nov. 25, 2019, 9:45 AM

U.S. Tax-Dodging Crackdown Overseas Brings Foreign-Adviser Surge

Allyson Versprille
Allyson Versprille
Reporter

The number of Treasury-licensed tax advisers with foreign addresses has increased almost 50% since 2016, IRS data shows, reflecting the agency’s growing efforts to crack down on tax avoidance overseas.

The majority of active foreign-based enrolled agents reside in India, the U.K., Canada, China, South Korea and Japan, according to the data. In total their numbers—which include U.S. and non-U.S. citizens—have surged from 2,078 in 2016 to 3,083 as of late September 2019.

“There’s an unmet need abroad,” Jeff Trinca, vice president of Van Scoyoc Associates in Washington, said in explaining the trend. Trinca is ...

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