Posts Tagged ‘Tax Dodgers’

US, Swiss Keep Deal On Secret Accounts Under Wraps


From Breitbart/AP:

MIAMI (AP) – The Swiss and U.S. governments announced a deal Wednesday to settle American demands for the identities of suspected tax dodgers, despite Switzerland’s vaunted bank secrecy. But they kept all details under wraps, including how many of the 52,000 names sought by the IRS from banking giant UBS AG will be revealed.

Depending on the scale of the deal, it could be a new blow to Switzerland’s reputation as a safe place to hide assets from the tax man back home.

Read more ….

My Comment: Time for me to close my bank account.

World – Tax evasion threat to development

Angel Gerri

The global economic slowdown will hit the poorest nations hardest. Demand for their exports is falling.

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