Tag Archives: Swiss Banks

Swiss Banks Warn on Data-Sharing

30 Mar
Swiss Banks

Switzerland introduced the automatic exchange of information of data concerning bank customers at the beginning of this year. Swiss private banks now warn the government that the planned extension of the system to a further set of countries may endanger their wealthy clients in some of the highly corrupt partner states. The Association of Swiss […]

Offshore Compliance Programs Generate $8 Billion

24 Oct
NASA image acquired offshore April 18 - October 23, 2012 This image of the United States of America at night is a composite assembled from data acquired by the Suomi NPP satellite in April and October 2012. The image was made possible by the new satellite’s “day-night band” of the Visible Infrared Imaging Radiometer Suite (VIIRS), which detects light in a range of wavelengths from green to near-infrared and uses filtering techniques to observe dim signals such as city lights, gas flares, auroras, wildfires, and reflected moonlight. Instrument: Suomi NPP - VIIRS Projection: Albers equal-area conic, WGS84 datum, standard parallels 29.5°N and 44.5°N, central meridian 96°W, origin latitude 23°N

IRS Urges People to Take Advantage of Offshore Voluntary Disclosure Programs WASHINGTON—With more than 54,000 taxpayers coming in to participate in offshore disclosure programs since 2009, the Internal Revenue Service today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths established to come into full compliance with their federal tax […]

Switzerland Offshore Investments as an Alternative Investment Strategy

09 Apr
Switzerland Offshore Investments

By investing funds offshore of one’s home country, there is an immediate benefit of protection against the troubles of the country’s market or currency. Offshore investing can take many forms. Alternative investment vehicles often include a component of offshore investments, such as offshore real estate, or offshore farm land and agricultural production, or even offshore […]