Detailed text transcripts for TV channel - FOXNEWS - 20151007:17:55:00
>> this mostly affects those paying taxes in other countries. this is all under a 2010 dlau. it's an attempt by the u.s. to gather information about u.s. citizens overseas accounts. essentially, internal revenue service is giving information to get information. >> a lot of those governments for a whole host of reasons shouldn't have access to the private financial information of americans. if you have a nexus with another country you're going to get caught up in this information sharing system. >> the irs claims it's safe. before exchanging with particular jurisdiction the united states detect...