Why isn't this on M$Greedia?IRS To Probe US Taxpayer Records With Caribbean Offshore Bank Accounts

[malaise]

http://jamaica-gleaner.com/gleaner/20131114/business/business1.html
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A United States district court has authorised the Internal Revenue Service (IRS) to issue summons for US taxpayers records held in offshore bank accounts in the Caribbean.

The US Justice Department said the order by US District Judge Richard M. Berman of the Southern District of New York requires five banks - Mellon, Citibank, JPMorgan Chase Bank NA, HSBC Bank USA NA, and Bank of America NA - to "produce information about US taxpayers who may be evading or have evaded US federal taxes by holding interests in undisclosed accounts".

The Justice Department said these accounts are held at The Bank of N.T. Butterfield & Son Limited and its affiliates in the Bahamas, Barbados, The Cayman Islands, Guernsey, Hong Kong, Malta, Switzerland, and the United Kingdom.

"In these actions, the court grant the IRS permission to serve what are known as 'John Doe' summons on Mellon, Citibank, JPMorgan, HSBC, and Bank of America," the statement said, noting that these summons would be used to obtain information about possible tax fraud by individuals whose identities are unknown.

"These cases once again demonstrate the department's resolve to uncover and identify taxpayers who tried to hide money overseas as a way to avoid federal taxes," said Assistant Attorney General Kathryn Keneally.

[spanone]

1. K&R...

[libdem4life]

2. Could it be that they are trying to sign up for ACA?

Not a moment too soon, either.

[malaise]

3. Bwaaaaaaaaaaaah

[MineralMan]

4. More government surveillance?

[russspeakeasy]

5. because they won't be punished.......how dare you question the laws of the 1% ?