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James T. Strawley Blank Rome LLP

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Foreign bank account reporting and enforcement update: U.S. files suit against HSBC seeking account records *

USA - April 12 2011
The United States government has opened another front in its campaign against U.S. taxpayers using secret offshore bank accounts to evade their tax responsibilities, with the Justice Department filing a lawsuit seeking the names of Americans believed to be hiding funds in bank accounts at HSBC in India.

Co-authors: Matthew D. Lee.