Posted on 09/01/2014 5:46:49 AM PDT by Beave Meister
ZURICH (Reuters) - At least 10 Swiss banks have withdrawn from a U.S. program aimed at settling a tax dispute between them and the United States, Swiss newspaper NZZ am Sonntag said on Sunday, quoting unnamed sources.
Around 100 Swiss banks came forward at the end of last year to work with U.S. authorities in a program brokered by the Swiss government to help the banks make amends for aiding tax evasion.
"At least 10 banks that had decided at the end of 2013 to pay a fine have withdrawn their decision," NZZ am Sonntag said, quoting unnamed lawyers and auditors. It did not name the banks concerned.
The newspaper said the banks were convinced they had not systematically broken U.S. law and lawyers of the U.S. Department of Justice had actually been surprised to see them take part in the program and did not object to the banks leaving the program.
(Excerpt) Read more at news.yahoo.com ...
They just gave him and Holder the one finger salute. What they should have said to the IRS is, “Our computers hard drives have crashed and we are unable to provide you with the information you requested.” P.S. our blackberry’s have been swiped clean too. So sorry, I guess we’ll catch you on the rebound.
Plenty of conservatives approve - they seem to think such laws enforce "economic patriotism."
Anyone who uses the term "Economic Patriotism" is noting less than an Obama knee-pad wearing liberal.
Thats why I like it when people get away with screwing over the U. S. Govt. The IRS is more an enemy of the U. S. than ISIS.
Agree on screwing the Gov't ("starve the beast") .... don't agree with the IRS being a bigger enemy than ISIS ... although, I'm not sure how much I disagree. Hihi.
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