Countries including the U.S. and Germany have used testimony from former Swiss bankers or stolen client data to pursue crackdowns on tax evasion. Swiss laws threaten bank employees with a jail term if they divulge client information.
He was arrested in 2010 and faces trial in Switzerland for contravening banking laws. If convicted, he could face up to eight months in prison.
US taxpayers who have undeclared accounts in Julius Baer or other Swiss banks, may now want to consider applying for the US Offshore Voluntary Disclosure Program (OVDP), which sets a limit to the penalties imposed on them by the Internal Revenue Service (IRS) for failing to declare foreign assets and earnings.
- The Swiss Banks disclose an account holder's name to the IRS under the non prosecution agreement or
- Mr. Rudolf Elmer disclosed your account to the IRS.
Taxpayers Who Wish To Take Advantage
Of The OVDP Must Act Quickly Penalty
Increase To 50% on Monday!
Have Un-Reported Income From a Swiss Bank?
Value Your Freedom?
Contact the Tax Lawyers at
Marini & Associates, P.A.
for a FREE Tax Consultation Contact US at
or Toll Free at 888-8TaxAid (888 882-9243).