Contact Now

Get your CONFIDENTIAL consultation

Our experienced tax law team can help.

Name


Email


Phone

Comments/Questions



Experienced Tax Attorneys


Call Us Confidentially Now: 202-349-4033


Call us confidentially now:
202-349-4033


Confidential & Experienced Tax Lawyers

Get Help Now: 202-349-4033

News & Events

Category: UBS / HSBC

IRS Sends Treaty Request to HSBC

Offshore Account Update, UBS / HSBC

Posted in on June 29, 2016

The Internal Revenue Service (IRS) and the U.S. Department of Justice have been going after Swiss banks for years for allegedly facilitating tax evasion among U.S. residents. The Swiss Bank Program was created in order to encourage banks to come forward, pay a fine and report account information voluntarily to the IRS. Banks that came forward could avoid criminal prosecution.

Read More

UBS Whistleblower Assists in Investigation of Swiss Bank

UBS / HSBC

Posted in on June 12, 2015

The effort to fight against tax evasion is a global one. Not only have countries joined together to require the reporting of offshore accounts but taxing authorities throughout the world are also conducting their own independent investigations against banks that facilitate tax evasion.  UBS AG, in particular, has been targeted by multiple countries. The United States launched a full-scale investigation of the bank and settled the case back in 2009. Now, France is also conducting an investigation into the same bank.

Read More

UBS Faces a New Tax-Evasion Probe

Offshore Account Update, UBS / HSBC

Posted in on April 24, 2015

The crackdown on banks continues, as UBS AG once again faces legal questions from the IRS and the Justice Department.  Federal authorities are not only going after banks that helped clients hide cash in offshore accounts, but they are now looking at whether UBS AG facilitated the purchase of investments that are banned in the United States. The new DOJ and IRS probe is focused on whether UBS allowed the purchase of bearer securities as part of efforts to help clients evade US tax obligations.

Read More

Court Grants IRS "John Doe" Summonses on US Banks!

Offshore Account Update, UBS / HSBC

Posted in on November 13, 2013

IRS issues summonses to five US Banks for account holders suspected of tax evasion.

Read More

DOJ's Latest Offshore Account Conviction!

Offshore Account Update, UBS / HSBC

Posted in on October 29, 2013

Patricia Lynn Hough, of Englewood, Fla., was convicted today by a jury in Fort Myers, Fla., of conspiring to defraud the Internal Revenue Service.

 
Read More

Thorn Law Group

Get Trusted Help Now

Over 30 years of expertise for your complicated tax law issues.

Back to the Top

Hear What Our Clients Have To Say

"Kevin Thorn, Managing Partner of Thorn Law Group, is an excellent adviser. My family and I are US citizens living in Europe and the US. Mr. Thorn helped us to understand our opportunities for international investments and estate planning issues so that my siblings and I may continue to further the growth of our businesses, to care for our aging parents and provide for our children. Mr. Thorn and his team were sensitive to our family's needs and helped us identify and understand our options and potential risks associated with US and international activity."