U.S. residents with secret bank accounts outside of the United States rely on some weak strategies to keep themselves out of trouble. “How will the IRS ever find out?” is what I hear again and again. The truth will come out. Maybe not now. But eventually. Here’s a bullet, headed straight at you. It may [...]
Privacy is important. Your financial affairs are your business. And you are leaving more footprints than you realize. This came up in a phone conversation with another lawyer today. We’re doing some remedial privacy work–putting the toothpaste back in the tube. It is possible, but expensive. When you consider your own asset privacy (“Who knows [...]
The Tax Justice Network blog has a guest post from Andreas Missbach of the Berne Declaration about the latest developments in the USA vs. Switzerland spat about Americans with money at UBS. (The USA wants the Swiss bank to cough up information about American citizens with money hidden at UBS. UBS cried “Can’t do, against [...]
