Swiss bank accounts reporting

[proggy]

It already has been, in NL and DE. Don't be so naive as to think the rule of law applies when a government wants your money.

German court ruling permits use of stolen tax CDs | Germany | DW.DE | 30.11.2010

You are aware that different countries have different laws aren't you?

[Mich the Tester]

You are aware that different countries have different laws aren't you?

Yep, and of course one effect of the German ruling is that it effectively legalises the data for the rest of the EU. Stolen CD goes into German tax database, other countries like Britain then request a data set from Germany's tax records and the whole sordid story is complete. When it comes to tax and an indebted government, you have no rights.

Unless of course some exceedingly wealthy individual takes the government to court over this and wins, which I would dearly like to see, but I can't imagine any mere mortal that's subject to UK taxes being able to fund the legal cases unless he has more income than the British or German government. But if someone does, then for what it's worth I'll happily buy him a pint.

[BolshieBastard]

You are aware that different countries have different laws aren't you?

Maybe you arent aware of this?

Agreement between UK and Swiss tax authorities came into effect January 2013.

[proggy]

Yep, and of course one effect of the German ruling is that it effectively legalises the data for the rest of the EU. Stolen CD goes into German tax database, other countries like Britain then request a data set from Germany's tax records and the whole sordid story is complete. When it comes to tax and an indebted government, you have no rights.

Unless of course some exceedingly wealthy individual takes the government to court over this and wins, but I can't imagine any mere mortal being able to fund the legal cases unless he has more income than the British or German government.

Given this CD was stolen in 2088 and no-one from the UK has been prosecuted using the evidence I doubt it will happen in the UK.
Plenty people have taken HMRC to court and won, what are you going on about?

[proggy]

Maybe you arent aware of this?

Agreement between UK and Swiss tax authorities came into effect January 2013.

Yeah, but whats that got do do with stolen evidence? That is a legal agreement between the governments.

[Mich the Tester]

Given this CD was stolen in 2088 and no-one from the UK has been prosecuted using the evidence I doubt it will happen in the UK.
Plenty people have taken HMRC to court and won, what are you going on about?

Not yet, maybe. You might beat HMRC in court if it's about a puny amount of money as they'll just give up.

[Mich the Tester]

Yeah, but whats that got do do with stolen evidence? That is a legal agreement between the governments.

A lot. The Swiss have to and over details of 500 account holders every year as requested by HM Thieving Bastards Department. How to the British authorities know which account details to name in their request? Well, among other sources, from data extracts from other governments.

[BlasterBates]

The point is that since January 2013, the Swiss authorities automatically deduct at the highest tax rates and transfer the money to HMRC so there´s no point, and if the UK the authorities did get an illegal CD then they can legally request details of the bank account from the Swiss bank and get them, as well, in case there was even more they can tax or penalise.

[Mich the Tester]

The point is that since January 2013, the Swiss authorities automatically deduct at the highest tax rates so there´s no point, and if the UK the authorities did get an illegal CD then they can legally request details of the bank account from the Swiss bank and get them.

I suppose you could stick some valuables in a Swiss bank vault and hope they rise in value.

[BolshieBastard]

Yeah, but whats that got do do with stolen evidence? That is a legal agreement between the governments.

Er, they dont need stolen evidence, perhaps?