Defendant Swiss man Daniel M., accused of spying on a German tax authority to find out how it obtained details of secret Swiss bank accounts set up by Germans to avoid tax, talks to his lawyer
There are no restrictions in the United States against having a Swiss bank account, or any other offshore account for that matter. But, current IRS regulations require U.S. persons to reveal all foreign accounts when they file their annual income tax if more than a total of $10,000 is held in overseas accounts. Swiss banking secrecy nears end following new tax rules Jan 02, 2017 The Dirty Secrets of Swiss Banking - CBS News Feb 19, 2009 Swiss Bank Account Privacy Laws Provide World Class Asset Swiss bank account privacy laws allow you to protect assets from seizure in Switzerland's low-tax jurisdiction. Has legislation which secures economic freedom. “1 All persons have the right to receive respect for their private and family life, home, and secrecy of the mails and telecommunications.
According to Swiss law, nonresidents of Switzerland who would like to open a Swiss bank account must be at least 18 years old. Other than that, there aren't a lot of restrictions. Your account can be in almost any currency, although most choose the Swiss franc, U.S. dollar, Euro or Sterling, and there is often no minimum balance required to
Foreign banks. Swiss bank account opening, banking system Swiss bank account opening, banking system and banking secrecy information. Fundamentals of Swiss bank account exceptional popularity. Due diligence procedures in Swiss banks and fight against money laundering and funds derived from drug trafficking. Offshore information resources Bank Secrecy Laws (Switzerland) - Laux Lawyers AG For information on global bank secrecy laws, see Practice Note, Global Bank Secrecy Laws: Overview (W-002-8052). SWITZERLAND BANK SECRECY LEGAL FRAMEWORK Article 47 of the Swiss Federal Act on Banks and Savings Banks (amended 2016) (Banking Act), is the primary law governing bank secrecy in Switzerland. Those disclosing customer data in
Swiss bank accounts are the most secure bank accounts on the planet. The secrecy laws and the Swiss tradition will protect the assets for generations. Switzerland is definitely the safest jurisdiction on the planet to do business.
Swiss bank account opening, banking system and banking secrecy information. Fundamentals of Swiss bank account exceptional popularity. Due diligence procedures in Swiss banks and fight against money laundering and funds derived from drug trafficking. Offshore information resources Secret Banking Secrecy Became Extinct One Year Ago Today Oct 05, 2019 Foreign banks. Swiss bank account opening, banking system Swiss bank account opening, banking system and banking secrecy information. Fundamentals of Swiss bank account exceptional popularity. Due diligence procedures in Swiss banks and fight against money laundering and funds derived from drug trafficking. Offshore information resources