The IRS is preparing to subpoena more offshore banks in an attempt to uncover the names of US citizens that are hiding assets in foreign banks.  This comes on the tail of the US government’s ongoing case against UBS, Switzerland’s largest bank, that now admits that it helped American clients conceal assets from the US government.  Read more here:

http://news.yahoo.com/s/nm/20090427/bs_nm/us_tax_usa_irs_1

   
   

         
         

This entry was posted on Monday, April 27th, 2009 at 12:42 pm