The taxman cometh

[AtW]

Is it just me or is Osbourne starting to look more and more like our beloved Brown?

No, why you think that?

Chances are this kind of work started long time ago under Brown but it certainly looks like success.

[alreadypacked]

No, why you think that?

Chances are this kind of work started long time ago under Brown but it certainly looks like success.

They just gave the UK the same deal they gave the Americans.

All they have done is implement standard banking practice of paying withholding tax on interest to the government.

The only difference here is the government is UK and USA.

[Mich the Tester]

They just gave the UK the same deal they gave the Americans.

All they have done is implement standard banking practice of paying withholding tax on interest to the government.

The only difference here is the government is UK and USA.

So Switzerland's still a safe place to protect money from predatory lawsuits?

[alreadypacked]

So Switzerland's still a safe place to protect money from predatory lawsuits?

[Mich the Tester]

Well as I understood it from a little Swiss chappy there are quite a few people who are scared of someday being sued, such as American doctors, wealthy people who do 'advice' work, and they stick their money in Swiss bank accounts to keep a nest egg should they suffer some ridiculous court case and have to pay silly compensation sums.

[sasguru]

This whole dismantling of Swiss banking secrecy laws started in the late 90s (when I happened to be be working at SBC in Basle) with the Nazi gold thing.
Germany have the same deal.
It's non news.

HTH

[sasguru]

BTW did you know the basements of many Swiss companies are stuffed to the rafters with field guns, since every person and corporation has to contribute to defence.
I recall negotiating the howitzers and other artillery on my way to the server room.
And couldn't really believe my eyes when several Swiss off a training exercise, dumped their guns behind the pub counter before having a few beers. Although that was not in town.

[cojak]

And don't look too closely at their bridge and tunnel supports....

[shaunbhoy]

I recall negotiating the howitzers and other artillery on my way to the server room.

Can't have been easy carrying that mop and bucket.

And couldn't really believe my eyes when several Swiss off a training exercise, dumped their guns behind the pub counter before having a few beers

I suppose you imagined they carried penknifes and armour-piercing Toblerones did you?

[Churchill]

BTW did you know the basements of many Swiss companies are stuffed to the rafters with field guns, since every person and corporation has to contribute to defence.
I recall negotiating the howitzers and other artillery on my way to the server room.
And couldn't really believe my eyes when several Swiss off a training exercise, dumped their guns behind the pub counter before having a few beers. Although that was not in town.

Try working in Israel...