Tag: Swiss Banks

  • Swiss Banks Warn on Data-Sharing

    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

    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

    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…