Posts tagged ‘offshore swiss banking’

UBS and Ensuring IRS Compliance

UBS apologized for lapses and said in the future that it would ensure compliance with IRS regulations in the future.  Since UBS is the estimated holder of $18 billion in questionable deposits, this was greeted with welcome and some astonishment.


It’s odd that it reminds me of some odd news story about the Isle of Wight gradually replacing the Swiss.  This was during the 1990’s.  But then again, I have epilepsy, so I’m probably just imagining all this.  I am quite certainly not making an actionable statement of fact.


July 18, 2008 at 10:16 am 3 comments