How Common Is Offshore Tax Evasion?

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How Common Is Offshore Tax Evasion? - The Wealth Report - WSJ.

Now, there is evidence that offshoring was far more common in the past decade than was widely believed. An article in today’s Wall Street Journal says the IRS has been inundated with wealthy taxpayers fessing up to their evaded taxes under a recent clemency program.

Some of us have been saying that for some time.