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21-Jun-2021 19:30:46 # 4830

Can US government seize foreign bank accounts?

By Mgboffshore [URL]

The U.S. also has the power to seize bank accounts and assets (real estate and safety deposit boxes most commonly) in certain foreign countries. ... Specifically, the IRS can seize assets in any country with which the U.S. has a Mutual Collection Assistance Request Agreement.

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