Monday, May 3, 2010

DOJ Tax International Roadshow on Foreign Financial Accounts

The international press report that the DOJ Tax Team -- Kevin Downing et al. -- are on the road to keep the press coverage rolling on the need for U.S. taxpayers with foreign financial accounts to come forward before the Government knocks on the door (or catches them bringing cash into the country).

So the press reports go, the U.S. will have thousands of new cases involving banks other than UBS from banks and other governments.  And, the voluntary disclosure program has provided leads to many other potential targets, including enablers.


For coverage see:
The Business Times
China Daily

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