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51 Nations Agree to Report Offshore Account and Tax Data

by | Dec 8, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes, Tax Compliance - High Net Worth Individuals, Uncategorized

It is getting harder and harder to hide bank deposits in other countries. Recently, 51 nations agreed to automatically exchange tax information in 2017. This agreement was led by Europe’s five biggest economies and appears to be like the United States version of FATCA...