There is a new GAO report, IRS’s Offshore Voluntary Disclosure Program: 2009 Participation by State and Location of Foreign Bank Accounts, GAO-14-265R (1/6/14), here.
I have not had time to review it. If I find time (time is scarce now because of other demands), I will comment later.
Other articles on this:
Ashlea Ebeling, GAO Report: Where Offshore Tax Evaders Live And Bank (Forbes 2/20/14), here. Excerpts:
Congress is on a roll, trying to track down hidden offshore accounts, and the latest news is a report that shows which states have the most taxpayers disclosing such accounts (California is No. 1), and where they are located (Switzerland is tops). All told, taxpayers in at least 45 states and the District of Columbia reported accounts in 68 countries and territories.
* * * *
Top countries:
Switzerland 5,427 42%
U.K. 1,058 8%
Canada 556 4%
France 528 4%
Israel 510 4%
Germany 484 4%
China 394 3%
Hong Kong 362 3%
Taiwan 307 2%
India 306 2%
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