Deckard Posted June 29, 2009 Share Posted June 29, 2009 http://www.bloomberg.com/apps/news?pid=206...id=a_8VwpO5m0WQ June 29 (Bloomberg) -- Swiss banks are shutting the accounts of Americans as the U.S. Internal Revenue Service accelerates the hunt for tax dodgers. UBS AG and Credit Suisse Group AG, the country’s biggest banks, have told Americans to move their money into specially created units registered in the U.S., or lose their accounts. Smaller private banks such as Geneva-based Mirabaud & Cie. are closing all accounts held by U.S. taxpayers. ... Sandra Dysli, an American who has lived in Geneva for 40 years, said Bank Zweiplus AG, the Zurich-based joint venture of Basel-based Bank Sarasin & Cie. and AIG Private Bank, and a Geneva branch of Raiffaisen International Bank-Holding AG refused to open investment accounts for her. “I was told that I cannot legally be a client because I’m an American,†said Dysli, who retired from the United Nations in 2001. “I couldn’t get an investment account and had everything in cash.†Gotta love those Swiss... Quote Link to comment Share on other sites More sharing options...
Deckard Posted June 29, 2009 Author Share Posted June 29, 2009 Ooops, sorry - I just realized there's another thread on this. Mods, please merge. Quote Link to comment Share on other sites More sharing options...
RufflesTheGuineaPig Posted June 29, 2009 Share Posted June 29, 2009 Cayman Isnalnds account anyone? Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 29, 2009 Share Posted June 29, 2009 (edited) It looks like their privacy laws now resemble their cheese. Edited June 29, 2009 by sillybear2 Quote Link to comment Share on other sites More sharing options...
dr ray Posted June 29, 2009 Share Posted June 29, 2009 Cayman Isnalnds account anyone? I looked into opening a Cayman Islands account once and they are only interested in how much money you have to deposit. You could even use a false name such as Idi Amin Quote Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 29, 2009 Share Posted June 29, 2009 I looked into opening a Cayman Islands account once and they are only interested in how much money you have to deposit. You could even use a false name such as Idi Amin What happens if a one Idi Amin turns up in one of their branches requesting a demand deposit? Quote Link to comment Share on other sites More sharing options...
tomwatkins Posted June 29, 2009 Share Posted June 29, 2009 I looked into opening a Cayman Islands account once and they are only interested in how much money you have to deposit. You could even use a false name such as Idi Amin We have an account in Belize-pretty good as well. It's still more or less British and a short trip from Florida. Quote Link to comment Share on other sites More sharing options...
Monkey Posted June 29, 2009 Share Posted June 29, 2009 just read the whole report and WOW, if they are doing what it say's then its big, get ready for seeing bit CEO's etc getting their names in the press for tax avasion in September. its getting sureal, and America is taking no prisoners Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 29, 2009 Share Posted June 29, 2009 Anyone would think the US govt is running short of cash. Quote Link to comment Share on other sites More sharing options...
Injin Posted June 29, 2009 Share Posted June 29, 2009 Anyone would think the US govt is running short of cash. Is the right answer! Interestrateripoff, come on down! Quote Link to comment Share on other sites More sharing options...
Deckard Posted June 29, 2009 Author Share Posted June 29, 2009 Is the right answer!Interestrateripoff, come on down! Which one is he? Quote Link to comment Share on other sites More sharing options...
Injin Posted June 29, 2009 Share Posted June 29, 2009 Which one is he? I think it might be Mrs. Gazebo. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.