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IRS Says Offshore Tax Disclosures Have Yielded $5 Billion
David Marchant
Posted: Wednesday, June 27, 2012 11:27 AM
Joined: 9/13/2007
Posts: 413


BusinessWeek: The U.S. has collected more than $5 billion resulting from taxpayers’ disclosures of offshore accounts, the Internal Revenue Service said today.

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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