|Posted: August 18, 2014, 11:03 am - IP Logged|
Suisse Acct is the same with Cayman, U.S. Gov. can't find them unless you start reporting. The only thing is that, Suisse is more secured.
Well that's flat out wrong. The IRS went after Americans with Suisse bank accounts who did NOT report that they had those accounts. They gave them a one time offer to declare the accounts and pay the taxes on the money in those accounts, without penalty. If they did not, they would be prosecuted. So to state that the government can't find those accounts without the taxpayer reporting they had those accounts is wholly incorrect. That was what many had thought until it was no longer the case.