The Watchdog

Keeping citizens in the loop

As IRS crusades against Americans hiding money offshore, Latin American tax cheats flock to U.S. banks

www.iwatchnews.org/2011/05/18/4638/irs-crusades-against-americans-hiding-money-offshore-latin-american-tax-cheats-flock

As IRS crusades against Americans hiding money offshore, Latin American tax cheats flock to U.S. banks

IRS Commissioner Douglas Shulman wants to require U.S. banks to turn over information about foreign nationals’ bank accounts to help other countries crack down on tax cheats. American banks oppose the proposal.    Manuel Balce Ceneta/The Associated Press

IRS event today on plan to force banks to report foreign nationals’ accounts

By Michael Hudson

14 hours, 30 minutes ago

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May 19, 2011 - Posted by | Fighting corruption in NZ, Fighting corruption internationally, Internationally significant information

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