We are going head to head with tax secrecy jurisdictions.
Each year, the United States loses an estimated $100 billion from U.S. taxpayers using offshore tax schemes to dodge their U.S. tax obligati...
It is deeply troubling that thousands of the wealthiest among us have actively sought to evade their civic and legal duty to pay taxes.
Private bankers and managers would actively assist or otherwise facilitate certain undeclared U.S. taxpayers who such private bankers and ma...
It is good news for American taxpayers, too, and we very much welcome that support.
This bill, and I think this Congress, and now this Administration; we are going head to head with those tax havens.
Our focus should not just be on U.S. residents with securities accounts, but it should include non-resident U.S. citizens with securities ac...
I do not know why I cannot get direct answers here. Your answers are needlessly evasive, it seems to me.
The IRS is investigating U.S. taxpayers who failed to report the existence of Swiss bank accounts--or income earned on those accounts.
Generally it needs to have a specific taxpayer.
You agreed in court that, acting through your bankers and managers, you 'participated in a scheme to defraud the United States of America.'
And, again, these structures were being set up for the purpose of hiding who the true owner or beneficiary of the accounts were.
It is absurd that any country wants to make money off our loss of tax revenues, particularly friends.
UBS has committed wrongdoing by its own acknowledgment by referring U.S. clients who wanted to hide their assets to outside firms.
It is questionable whether we can continue to hide tax evaders behind banking secrecy.
Unless the U.S. Government already knows the names of specific taxpayers, the Swiss treaty generally cannot be used to get information in Sw...
Well, is it your understanding--I mean, this is based on the documents that you folks have signed.
There is an effort in this bill... to cut down the parochialism by forcing consideration of cost and schedule, not just requirements.
