Can someone explain Offshore bank accounts to me?

372 viewsEconomicsOther

Can someone explain Offshore bank accounts to me?

In: Economics

6 Answers

Anonymous 0 Comments

Most countries in the world have signed up with Foreign Account Tax Compliance Act (FATCA). Does having foreign accounts for hiding money from the IRS even work anymore? Maybe having accounts in China or Russia but that seems dangerous

You are viewing 1 out of 6 answers, click here to view all answers.