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U.S. enlists 5 EU nations in offshore tax crackdown
David Marchant
Posted: Thursday, February 9, 2012 10:45 AM
Joined: 9/13/2007
Posts: 414


Reuters: The U.S. Treasury Department on Wednesday enlisted five EU nations to help crack down on offshore tax evasion by Americans and ease the burdens the effort has imposed on many banks and financial institutions.

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On Correspondent Bank Accounts ... the Achilles Heel of Offshore Banking
Dan Reeves
  If you blinked, you probably missed the news.  On January 29, 2013, a federal judge sitting in New York City authorized the IRS to issue a John Doe summons to UBS AG in Stamford, Connecticut for the correspondent bank records of Wegelin Bank of Switzerland and at least two other Swiss banks that nested their