Posts tagged as:

Switzerland

UBS Chair Indicted on Tax Evasion Charges

13 November 2008

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 helping US taxpayers hide nearly $20 billion (yes, with a b) in assets from the IRS. After the indictment was made public, Weil, not surprisingly, agreed to step down from [...]

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Germany Tired of Holes in Swiss Policy

22 October 2008

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 German finance minister, out and out accusing the Swiss of trolling for tax evaders, saying: Switzerland offers conditions that invite the German taxpayer to evade taxes. Steinbrück went so far [...]

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Au Revoir, Les Taxes!

16 December 2006

Sooo…  Elizabeth Taylor reportedly tried to do it.  Ditto Madonna and, if you believe the rumours, the rock group U2.  Yeah, you know what I’m talking about:  moving to avoid taxes. It’s not just the US with complaints about taxation.  Many countries in the EU routinely complain about their high rates of taxation, among the [...]

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