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Category: international

UBS Set To Turn Over First Set Of Names

Kelly Phillips ErbNovember 25, 2009May 19, 2020

About 500 families may have a little bit less to be thankful for this morning: Swiss tax authorities have announced that they have notified the

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So Tell Me, Taxpayer, Do You Feel Lucky?

Kelly Phillips ErbNovember 18, 2009May 19, 2020

It was a question posed to US taxpayers by the IRS in the wake of the UBS scandal: do you feel lucky? The US offered

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Tax By The Kilometer: A New Meaning To “Going Dutch”

Kelly Phillips ErbNovember 16, 2009May 19, 2020

The Dutch are well known for Delft pottery, wooden shoes, legalized prostitution, and windmills. Perhaps not surprisingly, many of those things haven’t caught on in

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Singapore, Liechtenstein No Longer Gray

Kelly Phillips ErbNovember 16, 2009

Who says that a little pressure doesn’t work these day? Singapore and Liechtenstein have both apparently decided that they wanted to be one of the

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Tax Havens Suddenly Not All The Rage

Kelly Phillips ErbNovember 11, 2009May 19, 2020

Suddenly, it’s not so fashionable to have your money in Swiss banks. That’s sooo February 2009. This season, all of the trendy tax evaders are

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US Clashes With UK Over New Tax Proposal

Kelly Phillips ErbNovember 8, 2009

When it comes to economics, the US and UK tend to find themselves on the same page. A recent example is their consolidated front over

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I’m on the Radio!

Kelly Phillips ErbNovember 6, 2009

I’m going all Clairee from Steel Magnolias on you. I’m on the radio! You can check out my interview with Jeff Horwich on Minnesota Public

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And The Most Secretive Financial Jurisdiction in the World Is…? (Hint: there’s no cheese involved)

Kelly Phillips ErbNovember 2, 2009

The Tax Justice Network has recently released its list of the most secretive financial jurisdictions in the world. And who topped the list? Luxembourg? Switzerland?

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UBS Client Prosecutions Continue

Kelly Phillips ErbOctober 31, 2009

Jeffrey Chernick, a toy salesman out of New York, was sentenced on Friday to three months in prison for hiding millions of dollars from the

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Numbers Rolling In For Offshore Amnesty

Kelly Phillips ErbOctober 17, 2009May 19, 2020

The IRS amnesty program for taxpayers who had previously failed to disclose income from offshore accounts ended last week on October 15. By all accounts,

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