Bloomberg reports, today:
U.S. Sues UBS Seeking Swiss Account Customer Names (Update4)
By David Voreacos and Carlyn Kolker
Feb. 19 (Bloomberg) — The U.S. government sued UBS AG, Switzerlands largest bank, to try to force disclosure of the identities of as many as 52,000 American customers who allegedly hid their secret Swiss accounts from U.S. tax authorities.
U.S. customers had 32,940 secret accounts containing cash and 20,877 accounts holding securities, according to the Justice Department lawsuit filed today in federal court in Miami. U.S. customers failed to report and pay U.S. taxes on income earned in those accounts, which held about $14.8 billion in assets during the middle of this decade, according to the court filing.
At a time when millions of Americans are losing their jobs, their homes and their health care, it is appalling that more than 50,000 of the wealthiest among us have actively sought to evade their civic and legal duty to pay taxes, John A. DiCicco, acting assistant attorney general in the Justice Departments tax division, said in a statement.
More:
http://www.bloomberg.com/apps/news?pid=20601087&sid=axZmpp36b_OA&refer=home
Unless all the accounts belong to Gerge Soros, DiCicco said.
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There, that's better!