Article Image

IPFS News Link • TAXES: Federal

IRS Encourages Poor Cryptography

• Schneier on Security

....The IRS has a standard called IDES: International Data Exchange Service: "The International Data Exchange Service (IDES) is an electronic delivery point where Financial Institutions (FI) and Host Country Tax Authorities (HCTA) can transmit and exchange FATCA data with the United States." It's like IRS data submission, but for other governments and foreign banks....


www.universityofreason.com/a/29887/KWADzukm