Tax Me If You Can (2004)

2004 • 54m • Documentary

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On September 22, 2026

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Synopsis

The documentary "Tax Me If You Can" reveals how tax shelters became a major source of hidden profits for American corporations during the 1990s and early 2000s. At the time, the General Accounting Office estimated these fraudulent shelters cost the government over $85 billion. Correspondent Hedrick Smith investigated these schemes, speaking with officials, experts, and industry figures, leading him to locations like Dortmund, Germany, and the Cayman Islands. The film examines the challenges faced by the IRS in uncovering these tax shelters and how the resulting wave of illegal activity triggered a federal investigation. Experts interviewed for the documentary argue that honest taxpayers ultimately bear the burden of these schemes, forced to compensate for the taxes companies avoid.