Comments on: Take Advantage of The Amnesty Period for Quiet Disclosures as U.S. and Swiss Governments Accelerate Hunt for Tax Evaders http://www.taxresolution.com/blog/take-advantage-of-the-amnesty-period-for-quiet-disclosures-as-us-and-swiss-governments-accelerate-hunt-for-tax-evaders/ Your Complete IRS Tax Resolution Resource Sat, 21 Nov 2009 01:10:31 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Tax Help for UBS Clients: All Overseas Bank Accounts More Vulnerable to IRS Scrutiny | Tax Relief Tips from the Experts at Tax Resolution University http://www.taxresolution.com/blog/take-advantage-of-the-amnesty-period-for-quiet-disclosures-as-us-and-swiss-governments-accelerate-hunt-for-tax-evaders/comment-page-1/#comment-2281 Tax Help for UBS Clients: All Overseas Bank Accounts More Vulnerable to IRS Scrutiny | Tax Relief Tips from the Experts at Tax Resolution University Mon, 24 Aug 2009 17:23:56 +0000 http://www.taxresolution.com/blog/?p=1732#comment-2281 [...] people in this situation can still strike a deal with the IRS in exchange for full voluntary disclosure. We do this all the time for our clients – we go straight to the IRS instead of the IRS seeking [...] [...] people in this situation can still strike a deal with the IRS in exchange for full voluntary disclosure. We do this all the time for our clients – we go straight to the IRS instead of the IRS seeking [...]

]]> By: tim vanovickoyo http://www.taxresolution.com/blog/take-advantage-of-the-amnesty-period-for-quiet-disclosures-as-us-and-swiss-governments-accelerate-hunt-for-tax-evaders/comment-page-1/#comment-2120 tim vanovickoyo Tue, 21 Jul 2009 03:54:09 +0000 http://www.taxresolution.com/blog/?p=1732#comment-2120 what is the reason for not telling the whole story?? The US should keep our nose out of other countries business. We should not bully the Swiss. Obama said "we will have a new public image with foreign countries. "We will listen and learn and not dictate our policies to other countries" (paraphrasing) A typical politicians lies. I am sure he meant that statement with countries who might slap us back, like North Korea,etc. If the Swiss had the "bomb" the US would not be demanding anything from them. But as the Swiss cannot fight back, we will roll them over with our power. If the Swiss demanded we turn over the names of Swiss citizens to their country that have accounts in our banks, we would laugh at them. It would be against out "privacy laws". We must be careful of this witch hunt. The EU countries would love to get their hands on the names of their citizens that have accounts in our banks so they could tax them in their home country(50-70% tax)The USA is a big tax haven for the EU people. Non resident aliens pay no tax on interest earned in our banks. The EU could use this as precedent to get the names. Their citizens would take their money out of our banks, our banks and economy would COLLAPSE! We need the low tax countries to keep tax competition alive, Without tax competition, governments all over the world, including the US can raise taxes with no recourse. what is the reason for not telling the whole story??

The US should keep our nose out of other countries business. We should not bully the Swiss. Obama said “we will have a new public image with foreign countries. “We will listen and learn and not dictate our policies to other countries” (paraphrasing) A typical politicians lies. I am sure he meant that statement with countries who might slap us back, like North Korea,etc.
If the Swiss had the “bomb” the US would not be demanding anything from them. But as the Swiss cannot fight back, we will roll them over with our power.
If the Swiss demanded we turn over the names of Swiss citizens to their country that have accounts in our banks, we would laugh at them. It would be against out “privacy laws”. We must be careful of this witch hunt. The EU countries would love to get their hands on the names of their citizens that have accounts in our banks so they could tax them in their home country(50-70% tax)The USA is a big tax haven for the EU people. Non resident aliens pay no tax on interest earned in our banks. The EU could use this as precedent to get the names. Their citizens would take their money out of our banks, our banks and economy would COLLAPSE!
We need the low tax countries to keep tax competition alive, Without tax competition, governments all over the world, including the US can raise taxes with no recourse.

]]>