A report in Friday's Royal Gazette revealed that the United States Internal Revenue Service is seeking information from 70 additional companies in an extension of its probe into offshore credit cards used by US citizens to evade taxes.
The Bermuda-based newspaper announced that the US tax authority has filed petitions with federal district courts across America in order to obtain business records from the companies, which include car dealerships, airlines, hotels, and retailers. However, according to the IRS, the businesses themselves are not under investigation.
The Royal Gazette also quoted the agency as revealing last week that it has received 'significant information' from credit card providers, with regard to cards issued to US citizens by banks in more than 30 countries.
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