The people that set the standards for money laundering and terrorist finances want the government to treat tax crimes harsher by setting up red flags. This would prove that international cooperation against tax cheating crimes is catching the attention of others. The main goal is for the task force to add those countries that cheat taxes to a list so government officials and everyone else will be put on notice about the cheating and hopefully put an end to it. Over the past four years governments have begun to crack down on the issue since the financial crisis is in effect. Countries like Switzerland, who do not want to cooperate, are no longer given much of a choice but to cooperate. Over the past couple weeks a few countries including the U.S., Germany and France have decided to work together to fight tax evasion. The United States even took it a step further in wanting to find hidden accounts overseas. Although there is some skepticism with the task force in regards to their guidelines needing revision, they work to provide the government with the information that they need.
The fact that the government is pushing to stop the tax cheating crimes is good. I feel this is something that they should have been trying to crack down on for a long time. My question is, if the government has been pushing to stop this issue for four years why hasn’t much head way been made. If these countries, on a global level, are having the same issue why is it taking so long. Granted there are many accounts all over, but I still don’t think it should take this long. People in the United States get caught for trying to cheat taxes all the time. People are forever getting harassed by the IRS, but then you have huge countries that are collectively trying to cheat the system but not much is done to them. I think it is unfair. This is an issue that should have been pushed a long time ago.
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