I wonder if this bank will accept deposits from all Swiss residents, regardless of where they were born?
Author Archives: Jefferson D. Tomas
Prepared Remarks of Commissioner Douglas H. Shulman before Tax Council Policy Institute 15.02.2012
See: “IRS Newsroom”
I found the following paragraph interesting: “A year ago we actually delayed the opening of tax filing for 6.5 million Americans, from January 14th to February 14th because of late tax law changes. That meant 6.5 million people, including school teachers who wanted to take a deduction for classroom supplies that they paid for themselves, had to wait an extra month to get their refund. In any public policy arena, policymakers should strive to give those implementing a law enough time to do it right.”
So he can be reasonable sometimes and proactively suggest that policymakers ensure that the IRS be nicer to US-based “Minnows” but not to Minnows abroad?
Swiss-French TV article about WikiLeaks and US Intelligence company
Sorry I don’t have time to comment on this one, so for those of you at Isaac who understand French, you might want to read:
Obama signs payroll tax agreement into law (doesn't help Minnows Abroad or Jack and Jill) — Foreign Income Exclusion Threatened — Start writing letters folks!!
Notice to Swiss Authorities: Canada resists US extraterritorial tax policies, Switzerland must too
Canada appears to be putting up significant resistance in order to protect its citizens and residents according to its own charter of rights and democratic principles of fairness and justice. The continuing Canadian experience in this struggle ought to serve as a model for Switzerland’s (and other nation’s) necessary attempts to do the same.
More Swiss News
Discussion of the “arm wrestling” between Switzerland and the US, interview with US Ambassador to Switzerland. The video is in French, and you can use the links on the right under “Les séquences de l’émission” (they all start with “Wegelin”) to jump to the parts you want: Mise au Point
What does it mean for you?
Please watch the YouTube video (audio on please) and comment about what the images and nuances mean for you today.
New Debate on Swiss TV
Again for those of you that understand French or that do not mind making sense of translation tool outputs, please find here a link for tomorrow night’s live debate on Swiss bank secrecy and US attempts to weaken it: http://www.infrarouge.ch/ir/1887-banquiers-suisses-tricheurs The debate will be available for view on the tsr.ch website by at least Wednesday night. Please feel free to enroll on the site and post your comments straightaway, (even in English— I have seen at least one comment in English accepted and displayed on the site).
Swiss People's Party Editorial on Swiss Gov't Policy, Banking, Sharing of Information
US tax policy, FATCA, FBAR criticized on a Swiss website: the embarrassment of the United States — English translation of the open letter
I would encourage anyone here who has the time to post responses on the TSR Infrarouge website in order to fuel the debate and increase awareness amoung the Swiss of how bad the situation is:
http://www.infrarouge.ch/ir/thread-364069-suisse-protege-assez-peuple-contre