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Tuesday, August 31, 2010
9-9-18 150 Secret Swiss Account holders in US face prosecution up to 4300 to follow
www.ibtimes.com thanks to a close friend to this article, they can remain nameless:) under ARTICLE * International Edition | Wednesday, September 23 2009 01.21 clock ET International Business Times Finance UBS warns U.S. customers as a tax amnesty nears end By Kim Dixon 18 September 2009@16.08 Clock ET UBS AG has formally warned wealthy American customers that their secret Swiss accounts of U.S. tax authorities may at the end of next Wednesday, a U.S. amnesty program will be shown. A letter from UBSReuters reported that the fall through their customer accounts under a deal in August that a long-running dispute ended signed with the U.S. government on offshore investments by U.S. customers. The letter ends up in the mailboxes of many Americans as they decide whether to participate in the U.S. Internal Revenue Service amnesty program - a chance to income in tax havens like Switzerland show, Cayman Islands and Monaco, while avoided if possible prosecution. Lawyers said the letters have been received by UBSa cross section of customers - even those with relatively modest means in the context of $ 1,000,000. "Anyone who had come into my office last month, said:" It is not for me to be, '"said Bryan Skarlatos, a tax lawyer at Kostelanetz & Fink in New York. In return for coming clean 23rd by the deadline September, individuals pay back taxes and a reduction of fines, while generally avoiding criminal charges. After months of tortuous negotiations, that the Swiss government involved and urged the country...
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