A report released on Monday by the U.S. Treasury Inspector General for Tax Administration shows that hundreds of thousands of the country’s highest earners have not been paying taxes.
Adam Szubin, acting US Treasury undersecretary for terrorism and financial intelligence, says that Russian President Vladimir Putin has been amassing secret wealth and that the United States considers him to be corrupt, reported Reuters.
In a new move to crack down on money laundering, the US Treasury said Wednesday that it will begin identifying and monitoring anonymous buyers of luxury real estate, reported the New York Times.
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