(openPR) - Carlton Hedges & Associates are reported to be in talks with Hong Kong exchage listed Catic Shenzen Holdings to act on their behalf to negotiate the settlement with the US tax authorities over the $16.9 million allegedly owed in outstanding corporation tax to the IRS.

Carlton Hedges spokesperson, Walt Lecter said "We anticipate a end to this long running dispute by the end of 2004." He further added that "We are extremely pleased by this appointment and it further confirms Carlton Hedges position as one of the worlds leading team of tax consultants.

Carlton Hedges & Associates provides financial advisory services to wealthy individuals and families, select endowments, and corporate clients. Our independent, fee only, conflict free "open architecture" consulting service combines a blend of independence, tax awareness and extensive intellectual resources. Carlton Hedges & Associates today is one of the best-recognized open architecture firms advising clients on their investment portfolios and other wealth management issues.

With expertise in the Investment Banking industry, Carlton Hedges & Associates can help you meet the challenges of wealth investment. Carlton Hedges & Associates is a professional financial advisory and venture capital firm with expertise in Mergers and Acquisitions, Investment Banking, Emerging Growth Companies, and Specialized tax advisory services. Carlton Hedges & Associates provides powerful solutions for growing your wealth in a complex market.

Carlton Hedges & Associates
44 Wall Street, 21st Floor,
New York
NY 10005