September 9, 2012 -Liechtenstein mulls lifting banking secrecy
"One can ask oneself if an automatic information exchange is not more attractive" than a system Switzerland has negotiated with several European
countries that
September 6, 2012 - New Streamlined Filing Compliance Procedures for Non-Resident, Non-Filer U.S. Taxpayers
On June 26, 2012, the IRS announced new streamlined filing compliance procedures for non-resident U.S. taxpayers to go into effect on September 1, 2012.
September 6, 2012 - Swiss probe leak of Julius Baer data to German officials
Swiss prosecutors have opened a probe into how client data from private bank Julius Baer reached German officials cracking down on tax evasion, marking an escal
September 5, 2012 - Swiss economy gets closer to recession amid global slowdown
Switzerland has found itself on the brink of slipping into recession, as the country’s economy saw an unexpected contraction in the second quarter.
September 4, 2012- Credit Suisse denies Swiss banks helping Germans dodge tax pact
A strategy of aiding tax dodgers is "economically stupid and morally unacceptable", Credit Suisse Chairman Urs Rohner told a conference.
September 4, 2012 - Credit Suisse denies Swiss help Germans dodge tax pact
The head of Credit Suisse denied on Monday that Swiss banks have been undermining a tax pact with Germany by helping wealthy clients move funds to rival financi
August 30, 2012 - How to defuse Swiss bank’s time bomb
“Europe is a mess and as long as there is no clear strategy of solving the problems the uncertainty is huge and therefore the Swiss franc is relatively attracti
August 30, 2012 - Swiss government to start Fatca negotiations with US
But negotiations are still needed to cover how, given Swiss bank privacy laws, a bank can automatically share information with the IRS
August 29, 2012 - Switzerland’s Julius Baer confirms another data theft
The theft, allegedly carried out by one of Julius Baer’s Zurich staffers, is said to be its third in ten years,
August 28, 2012 - HSBC hit by fresh probe as US investigates Swiss operations
HSBC confirms it is under investigation as part of a wider probe into activities of 11 banks with Swiss operations.
August 28, 2012 - Swiss bank Julius Baer confirms data theft
The suspected culprit, a Zurich bank employee who purportedly acted alone, has been arrested.
August 27, 2012 - Julius Baer Says Employee Stole Data on German Offshore Clients
“We launched an internal investigation and we discovered a case of data abuse,” Jan Vonder Muehll, a spokesman for the Zurich-based bank, said today by phone.
August 24, 2012 - Neurosurgeon convicted on tax counts
U.S. Attorney James Santelle said in a statement that the government is committed to enforcing tax laws fairly and even-handedly, and the jury's verdict shows f
August 24, 2012 - Wisconsin Neurosurgeon Convicted of Filing False Tax Return
A jury convicted Arvind Ahuja yesterday on federal tax charges stemming from his failure to disclose offshore bank accounts maintained in India and the Bailiwic
August 23, 2012 - Germans raid Julius Baer clients in tax crackdown -report
German tax inspectors have raided clients of Swiss bank Julius Baer, the latest development in a dispute over untaxed money held in secret Swiss accounts, a Ger