For years, it was believed that you had to be mega-rich to have accounts in exotic locations. Switzerland, for example, was the millionaire’s playground. Billions
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Tax Trivia: International Boycotts
We have a winner! See comments! Our next tax trivia question is: Under current US tax law, a report must be filed if a taxpayer
Read MoreUBS Accused Of Being A Tattle-Tale
Alp? Check. Chocolate? Check. Banking secrecy? Not so much. The culture of Switzerland may be changing. At the forefront of the change may be its
Read MoreUBS Agrees To Pay Up, Name Names
Disgraced international bank UBS has agreed to pay a $780 million fine and turn over the names of certain account holders to the IRS as
Read MoreAsk The Taxgirl: Making Tax Payments In Foreign Currency
Taxpayer asks: Dear Tax Girl, Do I have to pay my taxes in US dollars? Taxgirl says: What a fun question! At first, I was
Read MoreIt's Definitely Not A Lada: Imported Cars In Russia Are Taxed
It’s not just the American automotive industry that is facing difficulties these days: the Russian automotive industry is struggling, too. I know, I know. You’re
Read MoreDeutsche Bank Comes Under Fire Again
As the federal government ramps up efforts to shut down illegal tax shelters and make it more difficult for banks and financial institutions to assist
Read MoreUBS Chair Indicted On Tax Evasion Charges
Raoul Weil, the UBS bank chair and CEO of global wealth management, has been indicted on charges relating to tax evasion. He is accused of
Read MoreOnline Petition To Save Tax Evader Gathers Thousands Of Signatures
Svetlana Bakhmina is a pretty famous lawyer in Russia – but for all of the wrong reasons. The 39 year old former junior lawyer for
Read MoreGermany Tired Of Holes In Swiss Policy
Switzerland likes to think of itself as a neutral tax haven. Germany, however, thinks that its much more menacing than that, with Peer Steinbrück, the
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