Relevant and even prescient commentary on news, politics and the economy.

Why I Think Romney Might Have Used the 2009 IRS Foreign-Bank-Account Amnesty Program

[A]n unusually high foreign tax credit in 2008 raises questions about the size and source of Mr. Romney’s foreign income that year and how it was treated for tax purposes.  — Tax Credits Shed Light on Romney,* James B. Stewart, New York Times, Aug, 24 I don’t follow finance-industry news very closely, and the only […]

Why aren’t the law and order types excited?

by Linda Bealecrossposted with Ataxingmatter “More On UBS and Whistleblower Bradley Birkenfeld The Washington correspondent for Feature Story News, Daniel Ryntjes, interviewed Bradley Birkenfeld in jail recently. You can find the audio interview and other items on the UBS banking secrecy case, at this link. Birkenfeld says that most of the US clients were “sophisticated […]

More on UBS and Secret Banking Jurisdictions

by Linda Bealecrossposted with Ataxingmatter More on UBS and Secret Banking Jurisdictions: Birkenfeld Tells All to Global Post Bradley Birkenfeld, the UBS banker who opened the floodgates of information on the bank’s nefarious practices of aiding and abetting tax evasion, is currently in prison. But he has also done a tell-all interview with the Global […]