How do you swing it? The IRS requires you to declare foreign assets in any non-trivial amount, and both declaring them and a failure to declare them in which th

How do you swing it? The IRS requires you to declare foreign assets in any non-trivial amount, and both declaring them and a failure to declare them in which they come to know of them by other means (i.e. FATCA) are big red audit triggers. It's true that they can't levy them nearly as easily, though, and maybe that was your point.