You Can Run But You Cannot Hide: John Doe Summons Issued to Reveal Offshore Accounts Held By Citibank and Bank of America Customers in Belize.
BY GINA LOREDO – “Offshore tax havens cost the United States approximately $100 billion per year; worldwide, the revenue losses from tax havens may be over $250 billion.” [1] Obtaining records from a foreign bank presents a challenge for the United States because they are not under United States jurisdiction. In order to deal with […]
