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Monthly Archives: March 2012

IRS Releases FY 2011 Data Book

WASHINGTON — The Internal Revenue Service today released the 2011 IRS Data Book, a snapshot of agency activities for fiscal year 2011 – Oct. 1, 2010, to Sept. 30, 2011. During the year, the IRS collected $2.4 trillion and processed more than 234 million tax returns. In addition to information on taxes collected and returns…
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Swiss Banks still Draw Rich despite Secrecy Blows

ZURICH (Reuters) - Swiss bankers are on the defensive with their secretive industry under sustained attack for sheltering tax dodgers. Zurich overtook Tokyo as most expensive according to a new ranking by the Economist Intelligence Unit because of the soaring Swiss franc. The currency is up 30 percent since 2008, despite a cap imposed last…
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