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January 14, 2011 - Fashion king Valentino caught up in tax inquiry
The 700 people being investigated by the Rome prosecutor's office are accused of holding secret offshore accounts in Switzerland, according to data stolen from

January 14, 2011 - FATCA: the End of American Exceptionalism or Merely the Next Chapter?
While FATCA is simple, its ramifications are anything but. As one set of observers view the world, U.S. stock and securities are not worth subjecting oneself t

January 13, 2011 - Governments Press U.S. to Ease Overseas Tax-Cheat Law
By the time the requirements take effect in January 2013, each foreign institution must enter into an information-sharing agreement with the IRS. Those that don

January 14, 2011 - Private bankers take attack to regulators
“It is conceivable that smaller private banks thought they could operate below the radar of regulators. But if Switzerland is serious about its new strategy of

January 13, 2011 -Overseas Banks May Shun U.S. Investors
U.S. citizens may become global “pariahs” when a law forcing foreign banks to report their accounts takes effect, according to Switzerland’s oldest bank.

January 13, 2011 -A Wish List for the Possible Second U.S. Offshore Voluntary Disclosure Program
U.S. taxpayers with still-unreported offshore financial accounts may have another opportunity for absolution this year, but it could come at a high price.

January 11, 2011 - Cartoon from Swiss Newspaper
Funny Cartoon!

January 10, 2011 -UBS, Airgas, WikiLeaks, Commerzbank in Court News
The U.S. expanded its crackdown on offshore tax evasion, charging a former UBS AG banker....

January 10, 2011 -IRS eyes offshore tax cheats beyond Switzerland
“Taxpayers understand that the risk of being caught hiding assets offshore has increased significantly,” Shulman told an assembly of lawyers,

January 5, 2011 - UBS, Airgas, WikiLeaks, Commerzbank in Court News
Swiss banker to encourage U.S. clients who hadn't told the IRS about their UBS accounts to open undeclared accounts at Basler Kantonalbank...

1/1/2011 - New president urges more self-confidence
Switzerland showed that it is capable of defending its interests even against a great power like the US.

1/1/2011 - A Preview of the Trials and Tribulations in 2011
a former U.B.S. private banker, entered a guilty plea and is cooperating in an investigation of Basler Kantonalbank

12/27/2010 - What the Swiss Did Right
What did the Swiss do right? For one, the country’s regulators and central bank were faster and tougher than most.

December 25, 2010 -Three Ex-UBS Executives Put Bank in Court Spotlight in 24 Hours
Stephanou's cooperation and willingness to tape phone calls led to criminal charges against two others, Fish said.

December 25, 2010 -U.S. opens tax investigation on Swiss banks - report
The new investigation will focus on Basel-based Basler Kantonalbank, the paper said.

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