Tax Evasion, Asset Recovery Likely to Be Most Common MLAT Requests of Foreign Countries

By Brian Monroe

Information on tax evasion and asset recovery cases will likely top data-sharing requests filed by foreign governments with the United States over the next three to five years, say analysts. The shift comes as the number of overall requests from foreign countries under mutual legal assistance treaties (MLATs) has increased 26 percent in the last five years, according to U.S. Justice Department data. The treaties are used by governments to exchange information on a range of crimes, including tax evasion, money laundering and fraud. MLAT requests related to tax evasion and the recovery of lost funds could be "dominant" in...