Typical bs based on assumption DirtyWhiteBoy
Assumptions being:
(a) Control
(b) Transfers of Income
(c) Beneficial ownership
(d) Foreign financial accounts
That is one hell of a lot of assumptions because "These presumptions are needed in civil judicial and administrative proceedings because the tax, corporate, or bank secrecy laws and practices of these jurisdictions make it nearly impossible for U.S. authorities to gain access to needed information."
Wot a pity the laws of other countries "make it nearly impossible for U.S. authorities to gain access to needed information"

Some countries have privacy laws and believe in freedom in a practical sense - not just talk about it.