Catalogue of offshore prosecutions strikes fear into US taxpayers The US Justice Department (USDoJ) has in the past five years publicly charged 74 accountholders with offshore banking offences, of whom 61 have pleaded guilty, seven were convicted at trial and five await trial. Of the 38 bankers and advisors charged, six have pleaded guilty and…
Read more
Swiss Bank Information Can NOW be Disclosed to Foreign Tax Authorities WITHOUT Notice!
We previously posted on Wednesday, April 2, 2014, Your Swiss Bank Info Is Being Transferred To The US Govt As We Speak! ... This Is Not An April Fools Joke! where we discussed that The United States Justice Department has received 106 requests from Swiss entities to participate in a settlement program aimed at ending…
Read more
Your Swiss Bank Info Is Being Transferred To The US Govt As We Speak! … This Is Not An April Fools Joke!
We originally posted Tuesday, January 28, 2014 "Offshore Swiss Bank Account? This May Be Your Last Chance To File A Voluntary Disclosure!," where we discussed that The United States Justice Department has received 106 requests from Swiss entities to participate in a settlement program aimed at ending a long-running probe of tax-dodging by Americans using…
Read more
IRS Targets Americans Living In Israel!
According to The Jewish Daily Forward, this upcoming tax season could entail some unpleasant surprises for United States citizens who either live in Israel or who hold bank accounts there. Filing requirements for these Americans have become more rigorous and the odds of being audited by the Internal Revenue Service are higher than they’ve ever been.…
Read more
