Wealthy Americans trying to evade taxes have often used offshore bank accounts to hide their money, and foreign bank secrecy laws have made it hard to catch the tax cheats. But Swiss banking giant UBS agreed last month to give the IRS the names of about 4,500 Americans believed to be involved in tax fraud. Those individuals have a chance to come clean — but time is running out.
Deadline Looms For Americans With Offshore Cash
News & Features Wendy Kaufman · NPR ·