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#6
06-20-07, 04:41 PM
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Nothing new here. I don't think it is anything new that the IRS requires US Citizens report funds held offshore over a certain threshhold.
In the case of accounts in Swiss, Bahamian, or Cayman banks, I've never heard of anyway for them to know about it unless you tell them *or* you create a paper trail by transferring into a US bank.
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"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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