{"id":10500,"date":"2017-04-03T23:59:48","date_gmt":"2017-04-03T23:59:48","guid":{"rendered":"https:\/\/schwartz32.wpengine.com\/?p=568"},"modified":"2022-08-17T09:13:08","modified_gmt":"2022-08-17T09:13:08","slug":"want-privacy-tax-world-think","status":"publish","type":"post","link":"https:\/\/www.schwartzintl.com\/want-privacy-tax-world-think\/","title":{"rendered":"Want privacy in the tax world? Think again"},"content":{"rendered":"

Most of you already know the US government shares data about you. Now there’s more people subject to the rules — those earning bank deposit interest income in the US and who are\u00a0from newly-listed countries. The IRS recently issued Rev. Proc. 2017-31<\/a>\u00a0which updates Rev. Proc. 2016-56 (issued\u00a0December 2016) adding jurisdictions from Rev. Proc. 2014-64.\u00a0If you’re a resident of any\u00a0of the relevant jurisdictions, the Treasury Department and the IRS automatically exchange data with your country with respect to bank deposit interest income.<\/p>\n","protected":false},"excerpt":{"rendered":"

Most of you already know the US government shares data about you. Now there’s more people subject to the rules — those earning bank deposit interest income in the US and who are\u00a0from newly-listed countries. The IRS recently issued Rev. Proc. 2017-31\u00a0which updates Rev. Proc. 2016-56 (issued\u00a0December 2016) adding jurisdictions from Rev. Proc. 2014-64.\u00a0If you’re […]<\/p>\n","protected":false},"author":2,"featured_media":11168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[23,20],"tags":[403,12,404,19,113,405],"acf":[],"yoast_head":"\nWant privacy in the tax world? Think again - Schwartz International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.schwartzintl.com\/want-privacy-tax-world-think\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Want privacy in the tax world? Think again - Schwartz International\" \/>\n<meta property=\"og:description\" content=\"Most of you already know the US government shares data about you. Now there’s more people subject to the rules — those earning bank deposit interest income in the US and who are\u00a0from newly-listed countries. The IRS recently issued Rev. Proc. 2017-31\u00a0which updates Rev. Proc. 2016-56 (issued\u00a0December 2016) adding jurisdictions from Rev. 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