June 21, 2011 - FBAR Deadline Looming
Failure to comply can make you a criminal. Seriously. Failure to file an FBAR may, under the law, result in civil penalties, criminal penalties or both (the lis
June 21, 2011 - Swiss expect German, UK tax deals in coming months
Mario Tuor, spokesman for the State Secretariat for International Financial Matters (SIF), said negotiators were still clearing up technical details and that th
June 21, 2011 - U.S. Attorney's Office: Tehachapi couple admits hiding money abroad
They are cooperating with an ongoing criminal investigation into the banks and a cadre of management and trust companies that helped them hide the money in part
June 21, 2011 - Owners of Calif. test pilot school settle tax case
"They had the unfortunate luck to be among the first 260 UBS customers who were turned over to the U.S. government," Robbins said.
June 21, 2011 - CALIFORNIA UBS CLIENTS PLEAD GUILTY TO HIDING ASSETS IN SECRET SWISS BANK ACCOUNT
Sean Roberts and Nadia Roberts of Tehachapi, Calif., pleaded guilty before U.S. District Judge Anthony W. Ishii of the Eastern District of California to a crimi
June 21, 2011 - California Couple Pleads Guilty to Hiding Swiss UBS Account
A California couple who own and operate a school for test pilots pleaded guilty to hiding their Swiss bank account with UBS AG (UBSN) as well as other offshore
June 20, 2011 - US Official: Naive To Think Another UBS-Style Data Treaty Possible
The U.S. ambassador to Switzerland said Monday he is at pains to emphasize to U.S. officials that a settlement forcing UBS AG (UBS) to hand over confidential da
June 17, 2011 - DealTalk: Swiss banks court buyers as fear stalks industry
Switzerland's legions of small banks are struggling to arouse interest in their businesses from unenthusiastic buyers as they grapple with mounting costs and th
June 17, 2011 - Gordon Gekko’s Swiss Tax Haven Lures Rich From Emerging Markets
“For most banks, business with American clients is incredibly complicated and will cause more trouble than it’s worth,” said Peter Damisch, a partner Boston Con
June 17, 2011 - Swiss banking giants 'risk substantial losses'
Swiss banking giants Credit Suisse and UBS have relatively low exposure to indebted eurozone states but risk substantial losses if the economy were to deteriora
June 16, 2011 - Swiss Upper House of Parliament Approves Too-Big-To-Fail Rules
Switzerland’s upper house of parliament approved the government’s proposed plan of changes to banking law for UBS AG and Credit Suisse Group AG, including stric
June 16, 2011 - Canada seeks US tax law exemption
Mr Flaherty argued that because Canada and the US already had an agreement to share tax information, the Foreign Account Tax Compliance Act (Fatca) would be “un
June 16, 2011 - Julius Baer Names New Head For Middle East
Julius Baer has named Edmond Carton - latterly of Credit Suisse - as its new head of the Middle East and Eastern Mediterranean.
June 15, 2011 - UBS Client Greeley Charged in U.S. Tax Case Prosecution in San Francisco
A UBS AG (UBSN) client, Robert E. Greeley, was charged by prosecutors in California with filing a false tax return that failed to disclose two Swiss accounts he
June 15, 2011 - The IRS Grills Taxpayers on Offshore Accounts
IRS agents and federal prosecutors are going back to some of those same people to milk them for more information on the bankers and advisers who helped them hid