Last week’s headlines were filled with news of a historic legal crackdown on UBS, the Swiss banking giant and what a 2008 Senate hearing identified as $100 billion in annual tax evasion by American owners of foreign accounts.
Emergency powers buried deep in the Paulson bailout bill could be hazardous for your retirement plan, according to Larry Grossman. He says investors are running out of time to set up an offshore account to protect their pensions from the desperate government measures of the future.
Last week, we published an article by Mark Nestmann about the extraordinary powers the US president has at his disposal if he declares a national economic emergency. Mark has now put together a six-point strategy to help you legally protect your assets in this crisis scenario.
Two months ago, a U.S. District Court judge in Miami, Florida, authorized the U.S. Internal Revenue Service to go after information from Switzerland’s largest bank, UBS (NYSE:UBS). The Sovereign Society’s Bob Bauman says that, alhtough UBS may have hung its clients out to dry, the Swiss government is still prepared to stand up to U.S. lawmakers to protect private banks’ clients…
The Sovereign Society specializes in discovering safe tax havens and secure devices in which to protect your assets. Here, The Sovereing Society’s Mark Nesterman explains how best to shield your assets from zealous American judges…