April 1, 2013 - UBS Client, 78, Charged With Tax Evasion in Illinois Case
Since 2009, at least 85 people have been charged by the U.S. in a crackdown on offshore tax evasion, including two dozen offshore bankers, lawyers and advisers.
April 1, 2013 - Swiss Strive for U.S. Tax Deal, No Update on Time, Official Says
Switzerland is in talks with the U.S. to end an investigation into Swiss banks suspected of helping wealthy Americans hide assets and cheat on taxes.
April 1, 2013 - Swiss Stocks Drop From Five-Year High on Cyprus Concern
UBS AG (UBSN) and Credit Suisse Group AG (CSGN), Switzerland’s largest lenders, slid at least 2.5 percent.
March 27, 2013 - NPR Understanding International Tax Havens
The Diane Rehm Show explains international tax havens.
March 27, 2013 - Retired auto dealer James Pflueger acquitted of tax fraud charges
U.S. District Court Judge Leslie Kobayashi said the government simply failed to prove its case and was unable to show that Pflueger intentionally conspired to c
March 27, 2013 - Swiss Bankers' Chief Downbeat On U.S. Tax Settlement
The head of the Swiss bankers' association is pessimistic about a speedy solution to the tax dispute between Switzerland and the U.S, he said in an interview pu
March 27, 2013 - U.S. Seeks Answers in Liechtenstein on Tax Cheats
The U.S. has asked Liechtenstein to hand over data on foundations that may have been used to hide untaxed American money from the Internal Revenue Service, a st
March 27, 2013 - Swiss government denies deal in principle over offshore accounts
“There is no agreed framework,” Swiss government spokesman Mario Tuor said, according to Reuters. “The negotiations for an industry-wide deal to enable all Swis
March 20, 2013 - FATCA: Cayman opts for Model 1 agreement with US
The Cayman Islands Government will adopt the Model 1 IGA with the United States.
March 20, 2013 - Why Swiss banks are finally starting to settle their forgotten accounts
The amount of unclaimed assets in Swiss banks appears to be staggering. Search firms are starting to track heirs on behalf of the banks who wish to dispose of
March 18, 2013 - Cayman opts for Model 1 IGA for FATCA
Cayman Islands are going to choose the Model I IGA.
March 18, 2013 - FATCA, French Deals with US Overlooks Needs of Swiss Expats
Swiss Abroad is concerned over the effects of FATCA on Swiss Expats.
March 13, 2013 - Swiss Financial Adviser Accidentally Mails The US A List Of Clients Who Were Avoiding Taxes
A Swiss financial adviser accidentally mailed a list of clients he was helping to skirt U.S. taxes, a missive that subsequently found its way to the hands of th
March 13, 2013 - U.S. Tax Cheats Nailed After Swiss Adviser Mails It In
Singenberger inadvertently mailed a list of his U.S. clients, including their names and incriminating details, which somehow wound up in the hands of federal au
March 13, 2013 - US Companies Keep Billions Offshore
Business groups point out that tax rates are higher in the U.S. than in many other countries, putting American companies at a disadvantage.