June 29th, 2009
Tax cheats have brazenly hidden billions of dollars in offshore bank accounts for decades, but this ruse has become harder to pull off thanks to John McDougal, a special trial attorney at the Internal Revenue Service (IRS).
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June 29th, 2009
The Internal Revenue Services intensified hunt for tax evaders overseas has caused Switzerland's two biggest banks to say goodbye to its American customers.
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June 29th, 2009
Task Force member
Global Financial Integrity has just released the following
statement calling for the US DOJ to keep up the case against UBS:
U.S. Justice is Not for Sale; Department of Justice Must Pursue Case against Swiss Bank UBS, Says Global Financial Integrity
Washington, DC — Global Financial Integrity (GFI) urges the U.S. Department of Justice (DOJ) to remain steadfast in its pursuit of information about the suspected 52,000 secret bank accounts held by U.S. citizens with Swiss bank UBS.
“This is about bringing to...
June 29th, 2009
Martin Sullivan at Tax Analysts has pointed out critical factors impacting the political will to pursue, or to drop, the US Department of Justice case against UBS. In his article "News Analysis: Switzerland, Guantanamo, and Tax Evasion", Marty states his hope that "Justice will stick to its guns", yet adds:
"It makes so much political sense to appease the Swiss. The Swiss government announced in January that it would be willing to take some Guantanamo prisoners off U.S. hands -- providing much-needed relief for one of the superpower's biggest foreign policy headaches. The United States calls...
