Swiss Accounts and Wikileaks According to an article in the January 19, 2011 edition of the Toronto Star, a former employee at Julius Baer – a…
As reported in the November 22, 2010 Globe and Mail, Swiss Bank Credit Suisse is appealing an order to disclose information on unnamed taxpayers to the…
On October 22, 2010, Canada signed an information-exchange agreement with Switzerland. The agreement allows CRA to request information on Canadian taxpayers from their Swiss counterparts. This…
According to a report in the September 30, 2010 Globe & Mail, CRA has received information on approximately 1,800 Swiss bank accounts held by Canadians. The information…
On June 3, 2010, the upper house of the Swiss Parliament approved a deal between the Swiss bank UBS and the US government that would disclose the names…
On February 11, 2010, Nicolo Rizzuto pleaded guilty to an unreported number of charges of tax evasion. Mr. Rizzuto is reportedly the head of a Montreal Mafia…
According to the German Finance Minister, Germany is prepared to purchase stolen data containing information in relation to Swiss bank accounts. Other European countries, including the…
According to a report in the January 7, 2009 edition of the Toronto Star, Canada is in the process of negotiating with Swiss Bank UBS regarding…
On January 3, 2010, 60 Minutes did a piece on the whistle-blower who tipped off the IRS to the off-shore bank accounts held by Swiss Bank UBS….
According to the Minister of National Revenue Jean-Pierre Blackburn, 2009 has been a banner year for the Voluntary Disclosure Program (VDP). As of December 3, 2009,…
In a column published in the October 27, 2009 edition of the National Post, Diane Francis called for reform of Canada’s Voluntary Disclosure Program (VDP). According…
On September 24, 2009, the Canada Revenue Agency (CRA) disclosed that 36 Canadian taxpayers have filed voluntary disclosures related to unreported income earned in Swiss…