On Sunday, the Swiss vote on whether to restrict immigration to their country. The ramifications of a yes vote, experts say, could be huge. To their shock, the referendum has a decent shot at passing. When Germans hear Switzerland, they… Read More ›
Swiss
Over 100 Swiss banks seek amnesty for helping Americans evade tax
More institutions than expected will tell how they helped American clients hide their assets UPDATED : Monday, 27 January, 2014, 6:14am Bloomberg in New Jersey Third of Swiss banks seek US tax amnesty The top US tax prosecutor says 106… Read More ›
Swiss War Drill simulates invasion by Bankrupt French
Monday, 30 September 2013 Hordes of bankrupt French invade Switzerland to get their hands on their “stolen” money — such is the imaginary scenario cooked up by the Swiss military in simulations revealed over the weekend. Carried out in… Read More ›
Rich Move Assets from Banks to Warehouses
(Sm)art Investing By Christoph Pauly To avoid paying taxes, the rich are emptying their bank accounts in Switzerland and investing in art. This has spawned a new business of storing such works tax- and duty-free in warehouses across the world…. Read More ›
Swiss Govt rejects deal, won’t let US Govt see Bank Accts….
Wednesday, 19 June 2013 Swiss parliament rejected a bill designed to resolve a dispute over undeclared bank accounts held by U.S. citizens, potentially setting the stage for American prosecution of the country’s banks. Members of parliament’s lower house voted… Read More ›