October 15, 2009 - IRS Intensifies Global Hunt for Secret Offshore Bank Accounts
The IRS is intensifying its hunt for secret offshore banking, opening offices in Beijing, Sydney and Panama City...
October 15, 2009 - 7,500 Americans Admit Secret Bank Accounts as Deadline Nears
IRS Sets Midnight Thursday as "Last Call for Tax Cheats" to Avoid Prosecution
October 15, 2009 - FACTBOX-Tax amnesties around the world
Other governments around the world have also launched amnesty programmes to attract money back home...
October 15, 2009 - 7,500 tax dodgers apply for IRS amnesty program
Response to the program has been unprecedented, IRS Commissioner Doug Shulman said...
October 14, 2009 - IRS crackdown brings tax-evasion secrets to light
"For those still hiding in this shadowy world, it is time to come in and get right with your government or face stiff criminal and financial penalties," said IR
October 13, 2009 - UBS Amnesty Deadline Adds Need for Therapy to Lawyer Visits
Attorneys helping taxpayers navigate the Internal Revenue Service voluntary disclosure program are hearing dramas that mix personal finance with fear...
October 13, 2009 - Deadline looms for Americans to disclose accounts in foreign tax havens
Wealthy U.S. taxpayers, concerned about an Internal Revenue Service crackdown on the use of secret overseas bank accounts as tax havens, are rushing to meet a T
October 13, 2009 - U.S. move to tax worldwide income cause panic, possible backlash
The United States has set Oct. 15 as the deadline for Americans to report their income from foreign countries.
October 12, 2009 - Tax Evaders Face Choice: Pay or Pray
Thursday is the deadline for Americans to come clean about the money they have hidden offshore...
October 12, 2009 - Prosecution of UBS Informant Seen Backfiring on U.S.
Lawyers and whistle-blower advocates have expressed outrage over the sentence. They said they had expected Birkenfeld to get off with just a fine and probation,
October 12, 2009 - Citigroup Receives Wrist Slap for Helping Hedge Funds Avoid Taxes
The regulator claimed that Citigroup didn’t properly supervise specific transactions of foreign clients to skirt paying taxes on dividend payments.
October 8, 2009 - Swiss banks to oppose "indiscriminate" probes
Urs Roth, chief executive of the Swiss Bankers Association, sought to assure wealthy clients that their privacy remains protected by Swiss law, provided they ar
October 8, 2009 - U.S. tax-evasion crackdown could affect Canadians
Canada Revenue Agency jumped on the bandwagon and has also asked UBS to disclose the names of its Canadian clients...
October 7, 2009 - U.S. Tax Policy Poses Challenge to Asia's Rich
"The whole world is moving towards compliance, there are no safe havens left," said Rademacher.
October 6, 2009 - Julius Baer can live without U.S. clients: CEO
Swiss private bank Julius Baer BAER.VX said it will continue to focus on Switzerland, Europe and Asia, with U.S. clients effectively out...