IRS Seeking Credit Card Processor's Offshore Data

IRS Seeking Credit Card Processor's Offshore Data

The federal government is widening its investigation of offshore tax evasion to include services sold by the First Data Corporation, a large processor of credit-card transactions.

As part of the inquiry, the Internal Revenue Service on Wednesday asked a Federal District Court in Denver to order First Data to turn over account information on scores of merchants that sell or provide offshore services, such as financial transactions processing.

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