UBS turn over to IRS acct. names of American clients holding undeclared assests

lizzy_09 · 08-19-2009, 05:40 PM

The US government did a very good job here, however, they'd soon discover that most of those clients comes from powerful members of the congress most likely Democrats and only a few Republicans. These people probably set up dummy companies in other countries and not filing them or at the least, erase IRS payments of taxes.

Xin Lu · 08-19-2009, 11:16 PM

The people with a lot of money probably already moved the money, so it doesn't really matter.

08-19-2009, 05:40 PM	#1
lizzy_09 Junior Member Join Date: Aug 2009 Location: Philippines Posts: 11 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	UBS turn over to IRS acct. names of American clients holding undeclared assests The US government did a very good job here, however, they'd soon discover that most of those clients comes from powerful members of the congress most likely Democrats and only a few Republicans. These people probably set up dummy companies in other countries and not filing them or at the least, erase IRS payments of taxes.

08-19-2009, 11:16 PM	#2
Xin Lu Wise Bread Blogger Join Date: Jan 2008 Posts: 440 Thanks: 0 Thanked 3 Times in 3 Posts Reputation: (92)	The people with a lot of money probably already moved the money, so it doesn't really matter. __________________ The Baglady @ http://baglady.dreamhosters.com Wise Bread @ http://wisebread.com/xin-lu Following me @XinLuDJ

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