The BNA Daily Tax Report ("DTR") reports, in a summary of a panel discussion at the ABA annual meeting, that the IRS is broadening and intensifying its efforts to obtain information on offshore financial accounts owned by US taxpayers. See Alison Bennett, "Tax Compliance Officials Say IRS Intensifying Scrutiny Of Offshore Accounts With More Success," 155 DTR G-2 (Aug. 13, 2007).
Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.
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