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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.