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S U B S C R I B E
Thursday, 29 December, 2011
America's aggressive new tactic in war against tax evaders
United States tax officials have an aggressive new tactic in going after Americans suspected of hiding money in Swiss accounts. Reuters reports that American authorities are issuing subpoenas to U.S. taxpayers suspected of hiding money in Swiss and other offshore accounts—a measure typically reserved for offenses more along the lines of drug smuggling or money laundering. WRS’s Alex Helmick turns to Carlo Lombardini, a lawyer specializing in tax law, for his analysis:
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Comments
Total comments: 2 | Add to the discussion.
So funny. And are they doing the same with people from other countries (especially from South America ) hiding their money from their own tax authorities by placing it in the US ? There is a whole industry in Miami that offers services to businesspeople that want to avoid paying taxes in Brazil, Argentina, etc.
All the rich people have moved their money to Hong Kong and Singapore or The Cayman Islands now. Is the US government going to ask the banks there to surrender?
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