July 31st, 2009
Task Force member Global Financial Integrity made a couple of press appearances today. GFI Director Raymond Baker appeared in an Associated Press (AP)
article discussing the UBS case, and GFI Mananging Director Tom Cardamone
discussed the case on Canada's Business News Network (BNN).
From the AP
article:
Raymond Baker, director of the Global Financial Integrity, an organization that works to end illegal international money transfers, said it's critical that U.S. officials push for greater information sharing so tax evasion and other financial crimes can be investigated.
"What happens with the...
July 31st, 2009
The U.S. and Swiss governments have tentatively settled a dispute in which the U.S. government was seeking information about thousands of American depositors suspected of using accounts at Switzerland's largest bank to hide money from the Internal Revenue Service.
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July 30th, 2009
Wall Street Journal: Wealthy taxpayers have inundated the Internal Revenue Service in recent weeks with requests to come clean for past tax evasion, amid a government crackdown on undeclared income from overseas accounts.
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July 29th, 2009
ZURICH (Dow Jones)--Switzerland's justice department said Wednesday that allegations a high-ranking Swiss official was bribed by a Swiss bank client aren't specific enough to pursue a case.
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