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You Too Can Stash Cash In An Offshore Account

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep.

Presidential candidate Mitt Romney made news when he disclosed he had a Swiss bank account. Many affluent Americans do. Now, an AP writer has assembled a step-by-step guide on how you too can stash a million dollars offshore. Step four is choose a country. Switzerland isn't your only choice. Hong Kong is popular too. Step two is decide whether to tell the IRS. But the toughest part is still step one - get a million dollars.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.