&gt; The reason the US has become a lot harder on offshore jurisdictions isn&#x27;t primarily because of tax reasons, as illustrated by continued existence of the loophole used by large tech companies, but to give more power to the NSA to prevent terrorism financing and conduct other forms of intelligence, like industrial espionage.<p>That&#x27;s the stated reason behind &quot;know your customer&quot; laws and international pressures to enact the same.  However, once you <i>have</i> the information, nothing requires that it only serve that purpose...