U.S. Seeks Tax Client Data from HSBC India
April 7th, 2011
Reuters
WASHINGTON – The U.S. Department of Justice is seeking records about American clients of HSBC in India who might be evading taxes, broadening the government’s probe of banks suspected of helping tax dodgers.
The government filed the request with a San Francisco federal court on Thursday, seeking permission to get information from the bank about American residents who may be using HSBC India accounts to evade federal income taxes.