Yea or Nay: Data-Mine Bank Records to Find Tax Evaders
June 8th, 2010 by Mimi Yin
The lower house of the Swiss Parliament voted Tuesday to reject a deal with the United States to transfer bank data from 4,450 American clients of UBS suspected of tax evasion…
What kind of data-mining is the IRS doing within the U.S.? The Right to Financial Privacy Act protects our personal banking data from government searches.
However, should the government be asking for aggregate data from banks about customer account activity that could help them identify suspicious behavior?
Tags: Banking Data, Poll, Right to Financial Privacy Act