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Italy Can Use Offshore Account Holder List
David Marchant
Posted: Tuesday, August 7, 2012 3:12 PM
Joined: 9/13/2007
Posts: 413


Tax-News.com: While, in October last year, an Italian court near Turin had adjudicated that the list containing details of foreign account holders taken from HSBC in Switzerland could not be utilized by the Italian tax authorities, the provincial tax court in Treviso has now said that it can.

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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