Taxes - Ten things you must know about offshore bank accounts

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Ten things you must know about offshore bank accounts

Tuesday, July 27, 2010
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From Forbes:

If you are a U.S. citizen or resident and maintain an undisclosed foreign bank account, beware. As numerous prosecutions trumpeted by the IRS make clear, the stakes have never been higher and the potential liabilities can be staggering. Why worry?

The vaunted secrecy of Swiss and other tax havens turns out not to be so secret after all...

Read full article...

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Topics:		Taxes \| Banks \| Cruxallaneous

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