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Old 15.01.2015, 12:49
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Re: IRS Coming to Switzerland - literally!

Bloomberg writes that the IRS offices in Paris, London and Frankfurt will be closed and the personnel returned to the US:

"The Internal Revenue Service is closing the last of its overseas taxpayer-assistance centers, saying that years of budget cuts have forced it to end a popular program designed to help U.S. citizens living or traveling abroad.
The closing of IRS offices attached to U.S. Embassies in London and Paris, as well as the consulate in Frankfurt, will allow the agency to reassign about a dozen employees to its domestic offices and save about $4 million a year, the IRS said in a statement.
After workforce reductions at the IRS, Commissioner John Koskinen warned last month that refund checks may be delayed for millions of taxpayers this filing season.
For decades, the IRS has stationed employees in embassies and consulates around the globe to assist American expatriates with their tax issues and help inspect the foreign operations of U.S. companies in cases involving possible civil violations of tax code. In 1993, the IRS had staff members attached to more than a dozen embassies around the world, from Riyadh and Ottawa to Singapore and Caracas. By last year, that number was reduced to four, and in November the IRS closed its Beijing office."

The planned IRS trip to Zurich is looking like a last-hurrah junket before the Paris staff is repatriated.
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