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

UBS reached a final deal with the US Department of Justice and the Internal Revenue Service: it will disclose the names and account details for more than 4,450 Americans suspected of tax evasion

Posted in Offshore Account Update, UBS / HSBC on September 8, 2009 | Share

But do not breathe a sigh of relief just yet.  The criteria used to refine the list is a closely-guarded secret.  Any UBS depositor is still at risk.  We simply cannot know for sure for whom or what the US government is looking. 
 
Further, many believe that this is only the beginning.  Recent events suggest that the Swiss government is ready, willing and able to relinquish its title as the reigning leader of bank secrecy and privacy.  More names of American depositors will most likely come down.  And with a little over one month left in the amnesty period for voluntary disclosure, any American taxpayer with deposits at UBS needs to weigh the risks of disclosure and tax payments now or higher penalties (or worse) later.

Thorn Law Group

Get Trusted Help Now

Over 80 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."