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Swiss Banks to Disclose U.S. taxpayer information to U.S. Authorities: Undisclosed Account Holders are Urged to Come Forward through the IRS's 2012 Voluntary Disclosure Program

Offshore Updates

Posted in on September 5, 2012

After recent authorization by the Swiss government, Swiss banks begin to disclose U.S. taxpayer information to U.S. government officials. Any U.S. client who maintains an undisclosed offshore bank account through a Swiss bank, including Credit Suisse and Julius Baer, will have their information turned over to U.S. authorities.

Swiss account holders with undisclosed offshore accounts should come forward now through the IRS’s 2012 Offshore Voluntary Disclosure Program before the U.S. Department of Justice (DOJ) begins processing criminal investigations.

The attorneys at Thorn Law Group have experience in assisting U.S. taxpayers into compliance through the IRS Amnesty Program. If you have an undisclosed offshore account contact Thorn Law Group now before it's too late!

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