I have made reference to a UBS memo, and it is on a chart which says that, 'In the case where the U.S. person holds his U.S. investments directly, we have been advised by Baker & McKenzie that we cannot recommend products . . . to our clients as an 'alternative' to filing a Form W-9.'
Citing a UBS memo regarding tax evasion and legal advice.
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I claim the time in opposition to this amendment. The Acting CHAIR. The gentleman is recognized for 5 minutes.
Woman, I rise in opposition to this amendment. The Acting Chair (Ms. Pingree). The gentleman is recognized for 5 minutes.
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