More Swiss Banks Settle With U.S., FATCA Marches On

With FATCA in force and more and more banks striking non-prosecution deals with the U.S., offshore accounts are being disclosed in record numbers. IRS amnesty deals are not perfect, but they are far better than the alternative.

via Robert W. Wood – The Tax Lawyer – Forbes http://onforb.es/1f33sWD If you need help or advice on FATCA/CRS you can contact me via haydon@haydonperryman.com or +44 (0) 7788 268700