Editorial
See other Editorial ArticlesTitle: Anybody have any experience with Swiss bank accounts??
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me
URL Source: http://none
Published: Apr 11, 2008
Author: X-15
Post Date: 2008-04-11 12:59:08 by X-15
Keywords: None
Views: 128
Comments: 3
I've been reading and they have advantages and disadvantages: good way to evade taxes (legal under SWISS law, which is only concerned with tax fraud), but are subject to 35% tax which can be refunded with a document from your local taxing authority (IRS), which kinda defeats the purpose of a Swiss bank account. Anybody have any practical experience?? I'm looking to park a "sum" of money long-term to evade taxation and to keep from going through local banks, who roll over for the IRS at the drop of the hat.
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