Swiss Government Considers Deal with United States GovernmentOffshore Updates
Posted in on April 18, 2013
In the deal, banks already under investigation would settle with individual deferred prosecution agreements or better know as DPAs.
In the second group, banks which had U.S. clients but have not yet been targeted by investigators would have to agree to pay fines and hand over data on their customers, the source said.
What this means! Taxpayers with undisclosed accounts are running out of places to hide and once the banks turn over the information, many criminal tax investigations will be under way!
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!