The development underscores U.S. due diligence on recovering tax dues by its citizens. Nowhere to run, nowhere to hide from U.S. tax authorities. In a significant development, the U.S. Department of Justice (DOJ) stated, Zurich Insurance will pay a penalty… Read More ›
tax authorities
Switzerland’s enters into an era of banking transparency
Swiss authorities have begun sharing account data with countries who meet international requirements on confidentiality and data security. This strategic move has placed Switzerland in fierce competition with fast-growing economies including Singapore and Hong Kong. In a significant development that… Read More ›