Er, busted?
A reader mentioned this news story in the comments last week. Over two years old, but very interesting, and likely to affect some of our readers.
Basically 51 countries and counting agreed to automatically share information about bank accounts and financial assets owned by each others' citizens.
The USA does not seem to be on the list, and neither is Singapore (edit: Singapore is on there too), but most other countries of interest seem to be on there.
I'm not sure exactly what this means (what kind of information will be shared, how they will link people and accounts) but it is interesting, particularly following the Japan exit tax post last week.
Any thoughts on this?
This post first ran on RetireJapan in August 2016
