The Internal Revenue Service (IRS) has uncovered thousands of suspected tax cheats through their long investigation into UBS. Between similar probes into other international banks, a new disclosure programme, and increased international cooperation, the agency is continuing its aggressive pursuit of those that hide assets offshore. Erin Kelechava investigates.
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The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year