The U.S. and Panama signed an information-sharing deal Wednesday that formalizes the Internal Revenue Service’s ability to get information on U.S. citizens’ bank accounts in Panama.

Panama has been in the spotlight this month following the publication of news reports of the Panama Papers, the internal documents of a law firm that showed wealthy people from around the world hiding money there. The Panama Papers reports have indicated that relatively few U.S. individuals were hiding money there.

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