“Offshore Tax Evaders”… That’s how James Stewart chose to categorize those currently scrambling under the governments determination to attack offshore account holders’ privacy in his recent Wall Street Journal article. While the spurious nature of such a straw man is evident, we’ll continue to look at what he writes before editorializing his work to death. [...]
Monthly Archives: July 2009
Swiss Banks Close American Offshore Accounts
Some of Switzerland’s biggest banks are telling US clients that their accounts will be closed and moved into specially created US-registered units – or lost for ever. Even smaller private banks are closing the accounts of US citizens, judging the threat of litigation in suspected tax evasion cases to be too great. Swiss banks must [...]
Posted in Uncategorized Tagged irs investigation, numbered bank account, offshore bank account, sec registered, swiss bank account, tax evasion Comments closed