(◡ ‿ ◡ ✿)♡ try 1ClickPost.com paste text to share free

Swiss Firm Settles Charges It Helped Americans Evade Taxes

Say and pronounce Swiss Firm Settles on SuperTTS.com Make Your Own Text-To-Speech Words Instantly

  Info

Description

A Swiss asset management firm agreed to pay $5 million to settle charges it helped American clients evade U.S. taxes by opening undeclared foreign bank accounts for a decade. Prosecutors said they entered a non-prosecution agreement with Prime Partners SA rather than pursue criminal charges because of the Geneva-based firm's "extraordinary cooperation." They said this included the production of roughly 175 unredacted client files, and voluntary implementation of remedial measures even before investigators began their probe of undeclared accounts, dating from 2001 to 2010. Prime Partners oversaw $270 million of assets for U.S. taxpayer clients in 2008, and ended last year with $2.6 billion of assets under management, settlement papers show. Under the settlement, Prime Partners will forfeit $4.32 million of fees and pay $680,000 representing unpaid taxes resulting from its clients' conduct. http://feeds.reuters.com/~r/Reuters/d... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

Tags

domesticNews Tax Evasion Debit Card Ernst&Young Tax Avoidance Bradley Birkenfeld United States
  Email Video to Friends   Receive Emails for Similar Videos

Email:

  Repeat and Loop Video   Link to Video   Create Short URL  Publish Text About This Video   Share on Facebook, Twitter, and more
  See Recommended Videos For You

Related

  British tax authorities not 'strong enough, assertive enough or tough enough' in HSBC scandal   Whistleblower Brad Birkenfeld Rewarded Record $104M for Exposing How UBS Helped Rich Evade Taxes   Argentina Charges HSBC With Aiding Tax Evasion Via Swiss Accounts   Credit Suisse CEO Fights Back on Tax Evasion Claims   'Fed Up' Documentary: Everything we know about weight loss is wrong   Spain's Princess Cristina Cleared in Tax Evasion Case   Spain's Princess Cristina Cleared in Tax Evasion Case   Panama's financial secrets and the new Tesla Model 3   Tyson may have manipulated chicken prices, and other MoneyWatch headlines   Opening Weekend For Trump Gets Lowest Approval Rating On Record   Marijuana reform group wants pot tax reduced   Sanders Breaks Campaign Tradition Calling For Raising Taxes   Tech, Telecom giants on cost cutting spree   Imran Khan Admits Forming Offshore Company to 'Evade British Taxes'   No New Kansas Taxes   Federal law enforcement raids Caterpillar facilities   Property taxes most dreaded bill for Americans   Find your phone with a Google search   Grover Norquist: Health-care reform will pass quickly   Traders threaten to evade taxes over negligence by county gov't   The World's Wealthiest Evade Taxes More Than We Imagined   Bankers Helped Blow Up Their Own Firm   CHINA DID IT! How China Just Helped Trump Will Make Kim Jong Un Tremble in Fear…   The pioneering work of Marthe Gosteli   The man who took on UBS   Leaked "Panama Papers" miraculously shows no American tax cheats!!   Bill Gates: Rich should pay more taxes   2 local restaurant owners charged with under-reporting taxes   Politics of White House kitchen detailed in book   Albuquerque guardianship firm facing of embezzlement, fraud charges   Why Americans are proud to pay taxes   Who Is Actually Paying Their Fair Share Of Taxes?   Katie McGinty's Real Record   AFP Tea Party in Jefferson City, MO   AFP-MN Opposes New Tax on Minnesota Families & Job Providers (Radio)   Legislator Briefing on the Gas Tax -- Caught on Video   Kagan's Votes Have Hurt Coloradans   Not1MoreCent   Grover Norquist: Obama ‘May Decide To Go Blow Up Small Countries’ Out Of Boredom   Higher gas taxes aren't the solution for South Carolina   AFP President Tim Phillips opposes tax increases for any budget deficit solution   Viral Sach: Did this woman evade death?   ‘Fearless Girl’ Firm Settles Gender Pay Gap Allegations   Gold settles below Rs 29,000, silver holds up firm   Nestle Close to Building Multimillion Dollar Factory in Cuba   Service charges in restaurants not mandatory   The Canada Papers: Behind the investigation   Clashes in Athens between Greek police and farmers   The Tea Party Movement   Fact Check: Will the wealthy get a tax cut under President Trump's plan?   Taxpayers with disabilites can save on their taxes   Reich: Rich Who Resent Higher Taxes Are 'Unpatriotic'; Cenk: I'm Not Rich   "Our tax code is like a snowball rolling down a hill" - speech to Congress on April 18th   Where Do Your Tax Dollars Go?   How to Avoid Paying Income Taxes in Retirement | #MoneyMinute Tip   America's Historical Struggle With Debt and Taxes   Americans Hate The Idea Of Corporate Tax Cuts – So Why Do They Keep Voting Republican?   Johnson & Johnson pays big for Swiss biotech firm Actelion - economy   Lansing company cuts 100+ jobs   Camp Discusses the Taxes that all Americans Will Pay for in the Democrats Health Care Bill   Grover Norquist: 'I Engaged In A Week-Long Drug-Fueled Orgy With Corporate Income Taxes'   Grover Norquist on Fiscal Cliff, Tax Pledges, & Being the GOP's "Rasputin"   Are You One Of The 72 Million Americans About To Benefit From Trump's New Tax Plan?   KMTV: AFP Nebraska Opposes Gas Tax Hike   Why I hope Congress Repeals Obamacare   Rising Voices for a New Economy   Fact Check: Will the wealthy get a tax cut under President Trump's plan?   How has NIH research helped Americans?   Temperatures climb through the weekend   Maxine Waters Admits Hard Working Americans Are Being Forced To "Pay Taxes They Cannot Afford"   Former Trump Campaign Manager, Lowell Native Speaks Out Amid Controversy   Mike Arauz, Partner at Undercurrent, Talks Digital Strategy and Disruption Pt.1   Did KPMG help 1MDB in PetroSaudi cover-up?   Long His Father’s Attack Dog, Trump Jr. Now In Eye Of Storm   Laine finishes off pretty passing play by Jets

Popular Today

  Housing minister protects statues, ignores homeless   Judo vs Kudo   Follow up to O Goshi question the other day Ex-Navy SEAL Jocko Willink talking about jujistsu in combat   Name those Throws - Interesting because not so easy as usual   Best Judo Women, Judo Ippons - Top 7 CuLiM   Great use of standing armlocks to create movement against a bigger opponent in Sumo   Celebrating Joe Biden   The Great Litmus Test: Was Isaac Kappy Who Caught Our Attention Just Another Actor for the World Stage?   Project serpo   Remember this? This was glorious   Minutes After Biden Inauguration, Graham Defended Trump | The 11th Hour | MSNBC   IDAHO WITH THE BOONDOCKERS. FILMED Jan 9th, 2021   Back in the "shop" turning wrenches, prepping for practice and opening weekend. Plus, bonus footage of some action from the Sunshine Nationals!!   Some passenger laps in my friend's rapid MK3 Escort Time Attack car!   Best 1.6 WRC Cars | Ford Fiesta, Hyundai i20, Citroen DS3   2017 CRF250R HILL CLIMBS + YZ250's AND CR250   The Evolution Of The Audi R8 🇩🇪💨   kids in 'merica   Trying 640hp McLaren at Dubai Autodrome   What is Leninism? | Ideology Explained   Trump's Last Day!   What is socialism? | Ideology explained   'One day more' - Of President Trump   TalkRadio's Mike Graham Is Still OBSESSED With Ash Sarkar   How To Talk To Your MAGA Friends & Family   Donald Trump Pardon Wave Discussion   Corporate Social Responsibility [What Would Hayek Say?]   Meet The Auth-Rights (political compass video)   Donald Trump leaving White House   Despair, Depression, and Trump 2.0 – Glenn Greenwald predicts Biden's America   Mr. Trump Leaves Washington [OC]   Trump Legacy   Watch live: Joe Biden and Kamala Harris inauguration ceremony - Vox   Jeffrey Epstein's Party Island!   Julius Malema's Speech Making an Ultimatum to Old African Leaders Slowing Africa's Progress   Joe Biden and the unbuttered bread   I made this song to celebrate the end of Trump’s presidency   Let's talk about Trump's accomplishments....watch til the end.   OMG--A quick prayer for the US, judgment is here, redemption is near   Racist Trump Supporters Get Owned   What is Joe Biden's Best Move Going Forward to Unite the Country?   Everyone right now.   Lady Gaga sings the United States National anthem at Biden and Kamala inauguration   Lady Gaga Sings National Anthem At Biden Inauguration   Joseph R. Biden sworn in as 46th president   Joe Biden inaugurated 46th US president   11-Year-Old Palestinian Rapper Uses Music to Share Life in Gaza   Ex-Iranian President Mahmoud Ahmadinejad: A New War Is About To Be Imposed on The Middle East!   Idlib city | January 2021 | Syria   United States Presidential Elections (1789-2020)   View All Today's Popular Videos