Media & Resources
US courier firms will help to identify US tax evaders.
DATE: January 13, 2015 | AUTHOR: atlawyers
The US Internal Revenue Service forced several international courier services (Federal Express, DHL, UPS) and several financial institutions to produce records about unidentified US taxpayers suspected of using Panamanian company SOVEREIGN MANAGEMENT & LEGAL, LTD to establish offshore bank accounts, companies and trusts between 2005 and 2013 to evade payment of taxes. The mentioned courier companies will be expected to hold records of US client correspondence.