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U.S. Tax Authorities Have Skied Enough

The Justice Department’s tax-cheat division is ready for some fun in the sun.

The hunt for money hidden in Swiss bank accounts by U.S. citizens has become a global chase, with prosecutors tracing records to Singapore, the Cook Islands and elsewhere as U.S. authorities increase the pressure on Swiss lenders to turn over evidence, according to officials….

“It’s fair to say we know where the tax-haven countries are. You’ve got Singapore, you’ve got the Cook Islands,” said Ms. Keneally, who plans to announce Tuesday that she will leave the Justice Department to return to private practice. She said the U.S. has traced money transfers to banks in India, Israel, Luxembourg, Lichtenstein, the Cayman Islands and other Caribbean countries.

U.S. Broadens Hunt for Tax Evaders [WSJ]

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3 Responses to “U.S. Tax Authorities Have Skied Enough”

  1. Blah says:

    Death and taxes are certain but taxes don't necessarily have to be?

  2. Joe Momma says:

    Shaz dear,

    Spend less time picking pics out and more time writing.

    Love,

    -your mom

  3. peter marshall says:

    singapore is not a tax haven. It is low tax but after if you live here and pay all the indirect taxes then the real rate is not that low