RE: If Iraqi Kurdistan leaders are serious about transparency11 Apr 2021 12:47
@Invstrat: They will still have to declare... The questions that follow the disclosures will be interesting...
One of the checks that the US are pushing particularly in Switzerland is something called World wealth..
The Swiss banks are complying..
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This means that the U.S. Internal Revenue Service demands the right to tax its citizen and those with permanent residency even when they live abroad. While some countries have separate double taxation treaties with the United States, these do not alleviate the paperwork required by filing tax returns and, in many cases, detailing the contents of foreign bank accounts. If Masrour did not file his taxes forms with the Internal Revenue Service, he could face criminal liability in the United States and lose his residency. If Mala Mustafa and Muksi did not, they face prison when they return to the United States.
https://ekurd.net/if-iraqi-kurdistan-leaders-serious-2021-04-10