Scott Michel Comments in Bloomberg, Swiss in Talks With U.S. on Untaxed Assets, Official Says
06.10.2011
Bloomberg
Excerpt taken from article.
Switzerland is in talks with the U.S. to resolve the issue of untaxed assets held by U.S. citizens in Swiss bank accounts, a government official said. "The idea of a global settlement is a creative approach," Scott Michel, a tax attorney with Caplin & Drysdale in Washington, said in an interview. "It would make sense for the U.S. to now be able to devote investigative resources to other parts of the world. It would make sense for the Swiss to obtain peace on this issue." Read
Switzerland is in talks with the U.S. to resolve the issue of untaxed assets held by U.S. citizens in Swiss bank accounts, a government official said. "The idea of a global settlement is a creative approach," Scott Michel, a tax attorney with Caplin & Drysdale in Washington, said in an interview. "It would make sense for the U.S. to now be able to devote investigative resources to other parts of the world. It would make sense for the Swiss to obtain peace on this issue." Read
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