$4 Trillion In US Wealth Is Stashed Overseas, Much Of It In Tax Havens
March 30, 2023 at 21:37 PM EDT
A handful of extremely wealthy US taxpayers holds trillions of dollars in foreign accounts, much of it in tax havens and through partnerships, according to a new study based on data reported to the IRS by foreign financial institutions. Since 2015, the Foreign Account Tax Compliance Act (FATCA) has … Source