Offshore accounts are appealing to those trying to hide money because they offer banking secrecy in certain jurisdictions, lax reporting requirements compared to domestic accounts, and complex ...

Many US taxpayers still have questions regarding offshore accounts and FBAR filing requirements and compliance. Is there a genuine risk their activities (or lack of compliance) will come to light? The ...

TOKYO (AP) — An investigation published by an international coalition of more than 100 media outlets, based on 11.5 million records of offshore holdings, details how politicians, celebrities and other ...

Offshore accounts conjure images of bad behavior by the rich and shady, and for good reason: they have been used to dodge taxes, fund organized crime and facilitate corruption. But many people use ...

Rep. Debbie Wasserman Schultz went after Romney's tax history, and his multiple international bank accounts during her appearance on Fox News Sunday. "I’d really like to see Mitt Romney release more ...

BERLIN -- An international coalition of media outlets on Sunday published what it said was an extensive investigation into the offshore financial dealings of the rich and famous, based on a vast trove ...

The U.S. and other countries around the world are cracking down on offshore accounts in a bid to identify and penalize suspected tax evaders. Other investigations show the U.S. itself has become a ...

Offshore banking consists of keeping money in a financial institution located outside your country of residence. To open an offshore bank account, you'll need documentation for proof of identity, such ...