Swiss List with Tax Evaders published in the Internet

Many prominent tax evaders managed to avoid taxation over years by hoarding their money in tax havens. They avoided paying taxes in their country of residence, because they managed to hide their money in offshore accounts or other financial structures abroad.

But their secret is in danger. Investigators are catching more and more tax evaders by purchasing high sensitive bank data CDs from Swiss whistle blowers. Now Switzerland even decided to go one step further.

New List with Tax Dodgers

The Swiss Tax Administration started to publish the names of possible German and other foreign tax dodgers on the Internet.

The official reason of this new “German List” – Apparently the Swiss authorities are overwhelmed with new requests for mutual assistance of foreign tax administrations. Every country is asking to hand out new lists with people that have secret Swiss bank accounts. To “inform and warn” the affected tax dodgers, the Swiss Tax authorities are publishing their names online in order to give them the chance to defend themselves form the so called “Group Request” of foreign tax authorities.

According to Swiss authorities, the real meaning of this disclosure is to enable those concerned to take rapid legal actions against the compromise of their bank data.
But is it really necessary to publish the name on the Internet? Neighbors, friends, media, everyone can see your name on the Internet now. And it is legally not even clear whether the person has actually evaded taxes. Apparently, these measures only concern those who could not be reached in a certain amount of time. We think that trough this “German List” a lot more names will be made public now through official channels.

One of the main reasons of this inability to reach tax evaders is the fact that many countries do not allow to establish direct communication. Also the banks have little interest to find and contact the concerned customers – especially since many of them have no active bank account in Switzerland any longer. In case the Swiss bank knows the correct address the interest to invest time and money to inform the former client is not given. Such clients are not attractive anymore.

Even a celebrity is wanted

Explosive side effect – even Francisco José Ortiz von Bismarck, great-grandson of the first Chancellor of the great German Empire, Otto von Bismarck, appears in the online notifications.

You can find these names on the Internet portal of the Swiss Federal Journal under www.estv.admin.ch.

In the “Federal Gazette No. 15 dated 21 April 2015″ are published in total 48 notifications, including seven reports of the Swiss Federal Tax Administration (FTA).

The names of the alleged tax evaders can be found from notification “Bundesblatt 2015 3261″ until “Bundesblatt 2015 3267″.
In these communications the Swiss Tax authorities publish the names, parts of date of birth and even nationality. But beside names from Germany, they publish also names from tax dodgers of Great Britain, France, the Netherlands, Poland, Czech Republic, Russia, India and the United States. In the case of the United States, they only published initials however.

• Have you also evaded taxes over years with bank accounts in Switzerland?
• Are you worried that you could pay for your mistakes, but don’t know what to do?
• Are you worried your name could be next on this list?
• Or, are you a victim of certain CDs stolen by bankers?

If you want strong legal support and advice on how to proceed to protect you and your family, call now!

Enzo Caputo, Swiss banking lawyer and former UBS lawyer, can help you with tailor-made legal advice regarding tax matters when it comes to the voluntary disclosure on your funds and assets in Swiss bank accounts. He will show you what is important to know before you do anything. He will personally accompany you to the bank and his knowledge and network will help you to deal with the authorities.

Have piece-of-mind and let him handle your case.

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Zurich, 25 May 2015 Enzo Caputo, Swiss Banking Lawyers
http://www.swiss-banking-lawyers.com