UBS will give IRS 4,450 names of suspected tax cheats

Swiss banking giant UBS agreed Wednesday to turn over to the IRS details of 4,450 accounts suspected of holding undeclared assets by U.S. customers, ending an intense trans-Atlantic legal fight.
IRS Commissioner Doug Shulman says the accounts held $18 billion in assets at one time. Many have since been closed, he said. Full Story »

Posted by Glenn LaBauve
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Posted by: Posted by Glenn LaBauve - Aug 19, 2009 - 8:19 AM PDT
Reviewed by: Glenn LaBauve (review)
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Edited by: Glenn LaBauve - Aug 19, 2009 - 8:19 AM PDT

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4.4
by Glenn LaBauve - Aug. 19, 2009

Short well written article with links to the actual documents

These people are some of the worst criminals, they take from the rest of us and refuse to pay even the minmal 15% that these assets are taxed at for ... More »

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