Search results

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

• Blank Rome LLP
• -
• 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