Comments on: Holes in Swiss Tax Case: Swiss Claim Tax Evasion Not a Crime

By: Is UBS About to Name Names? | taxgirl

Is UBS About to Name Names? | taxgirl — Thu, 30 Jul 2009 12:26:57 +0000

[...] turning over those records would be a violation of Swiss law. The Swiss government claimed that it would seize financial records from UBS before it would allow the bank to turn the names over to the US [...]

By: Patrick

Patrick — Wed, 08 Jul 2009 17:53:52 +0000

Your first commenter is right. Try asking the IRS to disclose the names of people receiving more than $500,000 in US-sourced interest. Oops, can’t help you.

What about the recipients of payments from a Delaware GP or LLP? Do you have a specific crime in mind, committed by specific people (no John Does here thanks)? Um, no, ok so nope, not happening.

Not saying this is wrong or right. Just saying that everyone has their rules and we should respect them as we wish them to respect ours.

NB: for your other post, Switzerald has national service. So it is safe to assume that they have an army as well. In addition soldiers are required to keep their rifle at home for ready mobilisation – possibly the single country in the world most true to the spirit of the second amendment!

By: garagefather

garagefather — Wed, 08 Jul 2009 13:58:55 +0000

It is ironic that an administration that has more known tax cheats than any other in U.S. history, is so actively pursuing like minded individuals for prosecution. Can you say hypocrites?

By: My Journey

My Journey — Wed, 08 Jul 2009 13:47:44 +0000

Kelly,

I have to disagree. Switzerland is its own nation (albeit a small one) with its own culture, and as important its own laws. In your analogy you apply you going over to the cool parent’s house…but I think the analogy should read along the lines, if your parents wanted you not to go to the cool parent’s house they should have said “No” to you not try to change the rules of the cool parent’s house.

If the US wants UBS to follow the US’ rules and laws it should say to UBS follow our rules or leave our country, NOT “UBS follow our rules and not Swiss’”

Just some alternative thoughts.