Comments on: UBS Accused of Being a Tattle-Tale http://www.taxgirl.com/ubs-accused-of-being-a-tattle-tale/ Paying taxes is painful... but reading about them shouldn't be. Sun, 12 Feb 2012 17:55:29 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Colman http://www.taxgirl.com/ubs-accused-of-being-a-tattle-tale/comment-page-1/#comment-9204 Colman Mon, 02 Mar 2009 15:59:02 +0000 http://www.taxgirl.com/?p=2739#comment-9204 Skip UBS is being sued in the US, under US law. If the bank thinks there is a conflict between US and Swiss law, it can tailor its operations accordingly or it doesn't have to operate in the US. It has plenty of lawyers to help them figure that one out. Every multi-national enterprise deals with that every day. On the other hand, if it operates in the US, it needs to obey the law. Instead it chose to break the law and help others do the same. Skip

UBS is being sued in the US, under US law.

If the bank thinks there is a conflict between US and Swiss law, it can tailor its operations accordingly or it doesn’t have to operate in the US. It has plenty of lawyers to help them figure that one out. Every multi-national enterprise deals with that every day.

On the other hand, if it operates in the US, it needs to obey the law. Instead it chose to break the law and help others do the same.

]]> By: Skip McQuaid http://www.taxgirl.com/ubs-accused-of-being-a-tattle-tale/comment-page-1/#comment-9189 Skip McQuaid Sun, 01 Mar 2009 18:03:33 +0000 http://www.taxgirl.com/?p=2739#comment-9189 So our government can require a entity to violate their own countries laws in furtherance of our laws? I have no problem with understanding that the folks involved are breaking our laws - but what we are doing is requiring someone to break a law in order to enforce another one. Sorry, doesn't make a whole lot of sense to me - and even when we get the names all they have to do is talk the president into nominating them to a cabinet position and VIOLA! What appears to be criminal is now an "honest mistake". So our government can require a entity to violate their own countries laws in furtherance of our laws? I have no problem with understanding that the folks involved are breaking our laws – but what we are doing is requiring someone to break a law in order to enforce another one. Sorry, doesn’t make a whole lot of sense to me – and even when we get the names all they have to do is talk the president into nominating them to a cabinet position and VIOLA! What appears to be criminal is now an “honest mistake”.

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