Foreign Bank Accounts

FATCA Net Widens

FATCA Strikes Again.  Taxpayers who sought to hide their money overseas lost six more safe havens in the past week as the U.S. Treasury Department signed anti-tax evasion pacts with Bermuda, Malta, the Netherlands and three UK Crown Dependencies: Jersey, Guernsey and the Isle of Man. There are now agreements with 18 foreign jurisdictions to …

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