July 8th, 2009
On July 8, 2009 the US Treasury Department submitted a report to the US Senate Finance Committee on the issue of reducing the tax gap andimproving voluntary tax compliance.
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July 8th, 2009
The Washington Post published a fantastic
article today which finally addresses the fact that TIEA agreements, as stipulated by the OECD standards, do very little to crackdown on tax evasion. From the Post:
In an interview this week, a top Swiss official cited the recently negotiated treaty amendment as evidence that Switzerland is moving toward greater openness. Doris Leuthard, Switzerland's vice president and economic minister, emphasized that in the future the treaty amendment now awaiting ratification would give the United States access to information in cases of tax evasion, which are not covered by...
July 8th, 2009
Washington Post - A new treaty touted as helping U.S. law enforcement crack Swiss bank secrecy may do little to help authorities achieve a prime objective: exposing tax evaders.
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July 8th, 2009
PARIS — The Swiss government said Wednesday that it was prepared to seize U.B.S. client data rather than allow the bank to hand it over to the United States to settle a tax case.
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