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German Tax Treaty with Switzerland Could Crumble
David Marchant
Posted: Sunday, July 29, 2012 8:49 PM
Joined: 9/13/2007
Posts: 415


Spiegel: German Finance Minister Wolfgang Schäuble is battling domestic opposition to rescue a planned tax treaty with Switzerland that could mean billions in additional revenues for Germany. Meanwhile, many tax evaders are moving their money from Switzerland to Singapore and Shanghai.

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On Correspondent Bank Accounts ... the Achilles Heel of Offshore Banking
Dan Reeves
  If you blinked, you probably missed the news.  On January 29, 2013, a federal judge sitting in New York City authorized the IRS to issue a John Doe summons to UBS AG in Stamford, Connecticut for the correspondent bank records of Wegelin Bank of Switzerland and at least two other Swiss banks that nested their