Tag Archive
Way To Go Tax Havens – US-FOREX.US
Two of the world’s biggest offshore financial jurisdictions were due, on Thursday afternoon in Washington D.C., to be taken off the “grey list” of uncooperative tax jurisdictions put together by the Organization for Economic Cooperation and Development. The reason: representatives of the Cayman Islands and the British Virgin Islands would be signing their 12th tax… »
Tax Havens Leave Grey List Behind – US-FOREX.US
In the latest development in the global crackdown on tax havens, two of the world’s biggest offshore financial jurisdictions are scheduled on Thursday, to sign their 12th Tax Information Exchange Agreements , officially taking them off the “grey list” of offshore tax havens put together by the Organization for Economic Cooperation and Development. Representatives of… »
UBS Likely To Name Names – US-FOREX.US
Some relief at long, long last for UBS. The embattled Swiss bank will no longer be facing a lawsuit demanding that it hand over the details of 52,000 U.S. citizens suspected of tax evasion. Stuart Gibson, a tax attorney for the U.S. Department of Justice said during a conference call on Wednesday that the case… »
The Inquisitive Tax Haven – US-FOREX.US
If you’re a wealthy Brit, you will soon have one less place to hide your money from the prying eyes of the taxman. The U.K. government and Liechtenstein have just forged an agreement that marks one the most significant developments in the crackdown on tax evasion since the G20 event in London hyped up the… »
A Tax Haven Gets Proactive – US-FOREX.US
If you’re a wealthy Brit, you now have one less place to hide your money from the prying eyes of the taxman. The U.K. government and Liechtenstein have just forged an agreement that marks one the most significant developments in the crackdown on tax evasion since the G20 event in London hyped up the issue…. »
UBS Caught Up In The Issues – US-FOREX.US
You’d think the issue of international tax evasion was big enough to keep government officials talking for a lengthy amount of time. But American and Swiss authorities have a lot more than that to discuss as they seek an agreement over UBS handing over to the U.S.’ Internal Revenue Service the names of several thousand… »
IRS Tax Deal With UBS Hits Last-Minute Hitch – US-FOREX.US
The legal cat and mouse game between UBS and the U.S. Inland Revenue Service over accusations that the Swiss bank helped thousands of Americans evade taxes plays out a little longer. U.S. Justice Department attorney Stuart Gibson asked Friday for yet another week’s delay to the trial set to begin on Monday in order to… »
UBS Plays The Confidence Game – US-FOREX.US
While its European rivals post a homecoming to profit, UBS is still stuck in the wilderness of losses. The Swiss banking giant, which is reportedly close to a settlement with the U.S. Internal Revenue Service over accusations that it helped thousands of Americans evade taxes, posted its third-straight quarterly loss on Tuesday. The second-quarter deficit… »