Swiss Bank Whistle-Blowers Have Handed Over Data to U.K.
May 14, 2012
Bloomberg - Whistle-blowers at two Swiss banks have handed over client account data to U.K. tax authorities, according to two people with knowledge of the matter.
The Revenue Authorities are examining the data before writing to U.K. resident account holders and sharing the information with other countries.
At least one of the banks is foreign-owned and has clients spanning more than 100 jurisdictions.
If you have unreported Foreign Bank Income, contact the Tax Lawyers at Marini & Associates, P.A. for a FREE Tax Consultation at www.TaxAid.us or www.TaxLaw.ms or Toll Free 888 882 9243 (888 8 TaxAid).
Read more at: Tax Times blog