In our previous post UBS Criminal Casualties, so Far and More Guilty Pleas Over Offshore Accounts in the Works! regarding the U.S. and Swiss Reach a Deal on American Tax Evaders, the IRS hunt for offshore income and accounts continues unabated.
Now in the wake of H. Ty Warner, the billionaire creator of Beanie Babies plush toys, pleaded guilty last month to evading taxes on secret Swiss bank accounts that held as much as $107 million; Bloomberg has published Offshore Tax Scorecard: UBS, Credit Suisse, HSBC, Baer which is a must read for US Taxpayers who have still not addressed their undeclared income from their foreign accounts. Read More
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