Foreign Banks to Provide U.S. with Client Information on Undisclosed Accounts, Thorn Comments

Kevin E. Thorn, Managing Partner of Thorn Law Group warns U.S. taxpayers with undisclosed offshore accounts that the IRS and DOJ are moving forward with civil and criminal charges against foreign banks; those with undisclosed offshore accounts are encouraged to come forward now. New York, NY (PRWEB) November 01, 2011 European and Israeli banks are ready to pay billions to the United States, as well as, disclose U.S. clients’ names and tax information to the Internal Revenue Service (IRS) and the Department of Justice (DOJ), according to Bloomberg News. As result of the recent investigatio
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