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Posts tagged "foreign financial firms"

Pressure on Foreign Financial Firms Increase

Just when foreign financial firms thought they had enough on their plates, the heat continues to rise. International pressure to catch tax evaders is expected to be ramped up by the end of 2013 as a new inter-governmental agreement that requires information on offshore U.S. accounts with balances of more than $50,000 to be reported to the IRS goes into effect.

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