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A comment on To Cover China, There’s No Substitute for WeChat. Parent comment

Re:To Cover China, There’s No Substitute for WeChat by Cyph0n on Friday January 18, 2019 @03:56PM (#18942990)
Heh, then I guess you do not know the lengths the IRS goes to track the income of US persons wherever they are. Double taxation of US citizens has even pushed some dual citizens to renounce their US citizenship...
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Re:To Cover China, There’s No Substitute for WeChat by outworlder on Friday January 18, 2019 @04:35PM (#18943332)
Then IRS should have information about foreign accounts. And guess what, they already ask for that. It's fine.

The other way around is what I find concerning.

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Re:To Cover China, There’s No Substitute for WeChat by Cyph0n on Friday January 18, 2019 @05:19PM (#18943641)
The IRS requires that local banks take the personal data of US citizens simply because it does not trust Americans to cooperate willingly. And I think that's a fair assessment, because no one would willingly pay taxes to two countries at once.
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