Status of Intergovernmental Information Sharing Concerning U.S. Persons’ Foreign Financial Accounts

Posted on: January 1, 2016 | By: Stephen Dunn | Bank Secrecy Act, FBARs, Foreign Assets Compliance, Intergovernmental Information Sharing

Tax treaties, intergovernmental information exchange agreements, and the dilution of Swiss banking secrecy laws enable the U.S. government to identify U.S. taxpayers’ foreign financial accounts.  Click here for the full text of the article.