IRS

FATCA Just a Band Aid for Latin American Tax Evasion

The U.S. Foreign Account Tax Compliance Act is unlikely to contribute much to combating persistent tax evasion in Latin America, which will require more national and multilateral instruments, experts say.

Spying Scandal Engulfs Other U.S. Agencies

Earlier this month, Reuters revealed that a special division within the U.S. Drug Enforcement Administration (DEA) has been using intelligence intercepts, wiretaps, informants and a mass database of telephone records to secretly identify targets for drug enforcement actions.