Cisco - 8-9-2013 at 02:06 PM
"Americans Giving Up Passports Jump Sixfold as Tougher Rules Loom.
The U.S., the only nation in the Organization for Economic Cooperation and Development that taxes citizens wherever they reside,..."
http://finance.yahoo.com/news/americans-giving-passports-jum...
wessongroup - 8-9-2013 at 10:46 PM
"The implementation of Fatca from July next year comes after UBS, Switzerland's largest bank, paid a $780 million penalty in 2009 and handed over data
on about 4,700 accounts to settle a tax-evasion dispute with the U.S. Whistle-blower Bradley Birkenfeld was sentenced to 40 months in a U.S. prison in
2009 after informing the government and Senate about his American clients at the Geneva branch of Zurich-based UBS AG."
Gee, had forgotten all about that guy .... thanks for the memory ... I think
WOW ... and now he's out ...
Wonder if he will be getting a passport
say, is this kinda whistleblowing OK ... just asking
[Edited on 8-10-2013 by wessongroup]