Legal
Offshore Banks Reveal Account Data, As IRS Amnesty For Many Involves 50% Penalty
Two more Swiss banks, Bank Linth LLB AG and Bank Sparhafen Zurich AG, have entered deferred prosecution agreements with the U.S. government. The subject is tax evasion involving American account holders. Today, banks everywhere want to know if you are compliant with the IRS. Under FATCA, the entire world is…
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Click here to read the full story: Forbes