Word: mastercards
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...Francisco to compel Visa International to disgorge credit-card records of U.S. citizens in 30 cash coves such as Bermuda and the Caymans. It will likely try to identify the cardholders through U.S. merchants where the cards were used. The agency, which earlier secured access to the logs of MasterCard and American Express, is looking for buried treasure overseas--an estimated $70 billion in unpaid taxes. The theory is that much more of it has flowed offshore in recent years, oiled by Internet technology and emboldened by a popular view that the IRS had been declawed by Congress...
...they’re now available to the mass market. Americans who keep money in accounts overseas are required to pay taxes just as if the money were in a U.S. bank. But many countries have secrecy laws that keep these accounts hidden from the IRS. And companies like MasterCard, Visa and American Express make it easy to access offshore accounts, issuing overseas cards with million-dollar monthly credit limits...
Want to watch the recent Sandra Bullock comedy Miss Congeniality online? All it costs is $1. Just visit Movie88.com pony up your Visa or MasterCard, and the movie is there for the viewing--along with enough other dollar-a-picture titles (Batman, The Godfather, Apocalypse Now) to fill a medium-size Blockbuster. Though the quality is beyond awful--unwatchable might be a better description--the site is the best indication yet of how close Hollywood is to getting truly burned by the Internet...
Want to watch the recent Sandra Bullock comedy Miss Congeniality online? All it costs is $1. Just visit Movie88.com, pony up your Visa or MasterCard, and the movie is there for the viewing--along with enough other dollar-a-picture titles (Batman, The Godfather, Apocalypse Now) to fill a medium-size Blockbuster. Though the quality is beyond awful--unwatchable might be a better description--the site is the best indication yet of how close Hollywood is to getting truly burned by the Internet...
...screenwriters, I spoke to Steve Koepp, who co-wrote The Paper and carries a W.G.A. MasterCard. "It was like the royal treatment, actually," he said of his screenwriting experience. "They even gave me a small part--and my own dressing room--and I got paid for that too. I can't think of a single beef." You might remember Steve as the critically lauded but hard-to-spot "German Newsperson...