Offshore Accounts - America's Blind Spot

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Offshore Accounts - America's Blind Spot

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Nick Ledger examines how the U.S. demands financial transparency from foreign banks through FATCA while refusing reciprocate through the Common Reporting Standard. We discuss $4 trillion in American offshore wealth concentrated among ultra-wealthy partnerships, and how states like South Dakota became domestic tax havens—making America a blind spot in global financial oversight.

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