 |
|
Home | IRS collects $5 billion from offshore tax cheats |
 |
IRS collects $5 billion from offshore tax cheats
|
 |
- June 26, 2012
-
The IRS has raked in more than $5 billion from offshore tax cheats since 2009 through its voluntary disclosure programs. Designed to lure in tax evaders with reduced penalties and the promise of avoiding jail time, the programs require offenders to offer up information about their offshore bank accounts and to pay back taxes and certain penalties. The agency launched its first offshore disclosure program in 2009 and its second in 2011. This January, the agency introduced its third program.
- Read more at:http://rss.cnn.com/~r/rss/money_topstories/~3/a8731ES3CEA/index.htm
|
 |
|
 |
|
 |
