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Unclaimed property audits: George Orwell would be proud.
From: Tax Executive
Date: 19990901
Author:Sweeney, Timothy J.
The author discusses state unclaimed property laws which require businesses to conduct periodic audits of such property and may result in the operation of state escheat laws. The value of states enacting a uniform business-to-business exclusion is suggested.
In his book 1984, George Orwell described a totalitarian state where Big Brother monitored every person's movements and government employees, such as Winston Smith, worked in the Records Department of the Ministry of Truth, rewriting and altering records of the past.
Sound familiar? It does to some companies undergoing ...
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