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http://www.wsj.com/articles/irs-begins-sending-individual-account-information-to-foreign-countries-1443810584
Exchange is part of Fatca, a tax-evasion-detection program enacted in 2010
The Internal Revenue Service has kicked off a new program under which it shares large amounts of individuals’ financial-account information with certain foreign countries, the agency said Friday.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
