I laughed out loud when a Google Alert pointed me to the FT article excerpted below.
Or is it? Is there something else going on here?
From the Financial Times on July 4th:
The US Internal Revenue Service is to solicit the help of the world’s top accounting firms in its widening effort to clamp down on offshore tax evasion.
The IRS is planning to speak on Tuesday to six accounting firms about how they could help find foreign banks that fail appropriately to identify US customers holding investments or income in offshore accounts, according to people briefed on the plan.