Comments on: IRS Hunt for Tax Cheats Accelerates as Swiss Banks Shut American Accounts http://www.taxresolution.com/blog/irs-hunt-for-tax-cheats-accelerates-as-swiss-banks-shut-american-accounts/ Your Complete IRS Tax Resolution Resource Sat, 20 Mar 2010 08:19:44 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Tax Help For UBS Account Holders Seeking IRS Tax Relief For Tax Evasion Charges | Tax Relief Tips from the Experts at Tax Resolution University http://www.taxresolution.com/blog/irs-hunt-for-tax-cheats-accelerates-as-swiss-banks-shut-american-accounts/comment-page-1/#comment-2284 Tax Help For UBS Account Holders Seeking IRS Tax Relief For Tax Evasion Charges | Tax Relief Tips from the Experts at Tax Resolution University Tue, 25 Aug 2009 14:02:08 +0000 http://www.taxresolution.com/blog/?p=1596#comment-2284 [...] $18 billion hidden in these offshore accounts–giving the IRS plenty reason to scrutinize and audit both the innocent and guilty in the upcoming [...] [...] $18 billion hidden in these offshore accounts–giving the IRS plenty reason to scrutinize and audit both the innocent and guilty in the upcoming [...]

]]> By: Guest http://www.taxresolution.com/blog/irs-hunt-for-tax-cheats-accelerates-as-swiss-banks-shut-american-accounts/comment-page-1/#comment-2185 Guest Mon, 03 Aug 2009 13:30:06 +0000 http://www.taxresolution.com/blog/?p=1596#comment-2185 As a person born in the US by accident and who spent only the first 3 years of his life there, I am expected to pay the US taxes my whole life. This is despite the US refusing to give my family (wife and children) US citizenship, and my never having worked or lived there since the age of 3. For people who have a real connection to the US, and are perhaps working as expats, and perhaps have non-declared income and funds abroad, I can understand the pursuit. It would be the same with any country's tax authorities, including Switzerland. That said, the US imposing it's will on the sovereign laws of another country is deplorable, and makes me ashamed of that miniscule part of me that is obliged to be american. I am fortunate to be a dual citizen, and will soon be forfeiting my US citizenship. As a person born in the US by accident and who spent only the first 3 years of his life there, I am expected to pay the US taxes my whole life. This is despite the US refusing to give my family (wife and children) US citizenship, and my never having worked or lived there since the age of 3.

For people who have a real connection to the US, and are perhaps working as expats, and perhaps have non-declared income and funds abroad, I can understand the pursuit. It would be the same with any country’s tax authorities, including Switzerland. That said, the US imposing it’s will on the sovereign laws of another country is deplorable, and makes me ashamed of that miniscule part of me that is obliged to be american.

I am fortunate to be a dual citizen, and will soon be forfeiting my US citizenship.

]]> By: Smarry http://www.taxresolution.com/blog/irs-hunt-for-tax-cheats-accelerates-as-swiss-banks-shut-american-accounts/comment-page-1/#comment-2104 Smarry Tue, 14 Jul 2009 08:44:04 +0000 http://www.taxresolution.com/blog/?p=1596#comment-2104 That is why it is hipocracy for us to demand that the Swiss break their privacy laws to conform to our tax laws. ___________________ Smarry That is why it is hipocracy for us to demand that the Swiss break their privacy laws to conform to our tax laws.

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Smarry

]]> By: tim vanovickoyo http://www.taxresolution.com/blog/irs-hunt-for-tax-cheats-accelerates-as-swiss-banks-shut-american-accounts/comment-page-1/#comment-2072 tim vanovickoyo Thu, 02 Jul 2009 12:25:04 +0000 http://www.taxresolution.com/blog/?p=1596#comment-2072 we should back off with this "bullying" stuff to the Swiss. very quickly all countries will see this as a precedent and start demanding of the US that we reveal the names of citizens of their countries that invest in the US, so they can tax them in their home country. You must know that non-resident aliens and foreigners pay no capital gains or dividend taxes in the US and we don't reveal their names because of our privacy laws. That is why it is hipocracy for us to demand that the Swiss break their privacy laws to conform to our tax laws. If all foreigners pull their money out of our country, our economy would crash. Obama and his croneys should be standing up to Iran and North Korea instead of the Swiss. It doesn't take much courage to bully a country that can't fight back. we should back off with this “bullying” stuff to the Swiss. very quickly all countries will see this as a precedent and start demanding of the US that we reveal the names of citizens of their countries that invest in the US, so they can tax them in their home country.
You must know that non-resident aliens and foreigners pay no capital gains or dividend taxes in the US and we don’t reveal their names because of our privacy laws.
That is why it is hipocracy for us to demand that the Swiss break their privacy laws to conform to our tax laws.
If all foreigners pull their money out of our country, our economy would crash.
Obama and his croneys should be standing up to Iran and North Korea instead of the Swiss. It doesn’t take much courage to bully a country that can’t fight back.

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