International Agreements Abound to Fight Offshore Evasion

From Argentina to the United Kingdom, and places in between like India, Israel, Korea, New Zealand, Singapore, Bermuda, Brazil, the BVI and Check Republic, the Treasury Department announced today that it is engaged with over 50 countries and jurisdictions worldwide to improve international tax compliance and implementation under FATCA. While the IRS' Offshore Voluntary Disclosure Program is still available, taxpayers should consider participation.

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