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Old 13.10.2011, 18:03
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British tax authorities are targeting some 6,000 British-based holders of HSBC bank accounts in Switzerland in a clampdown on customers who may have failed to report all their income and gains.

Read the full article: Britain targets 6,000 HSBC accounts in Switzerland
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Old 14.10.2011, 12:05
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Re: Britain targets 6,000 HSBC accounts in Switzerland

good to see action being taken here. the names of all tax cheats should be made public and HSBC should face tough sanctions if they have helped people evade taxes
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Old 14.10.2011, 14:41
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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good to see action being taken here. the names of all tax cheats should be made public and HSBC should face tough sanctions if they have helped people evade taxes
UK tax is self assesment, it's upto individules to be honest. HSBC have not 'helped' anyone.

There is a very good chance that people living & working here may be affected as the Revenue will say they never 'left' the UK, they are just working abroad for a couple of years.
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Old 14.10.2011, 15:46
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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UK tax is self assesment, it's upto individules to be honest. HSBC have not 'helped' anyone.

There is a very good chance that people living & working here may be affected as the Revenue will say they never 'left' the UK, they are just working abroad for a couple of years.
which is fair enough if they plan on returning to the UK
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Old 14.10.2011, 14:58
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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good to see action being taken here. the names of all tax cheats should be made public and HSBC should face tough sanctions if they have helped people evade taxes
Jesus... offshore banks helping people evade taxes... what is this world coming to? Seriously ....
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Old 14.10.2011, 15:05
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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Jesus... offshore banks helping people evade taxes... what is this world coming to? Seriously ....
If you were wealthy & wanted to evade tax you would have a numbered account. No details of the account holder are stored on a computer, the file is kept in a safe with very limited acess. The bank would not know the account belonged to an English person so this would not get reported.

It's just the tight skinflints who want to save money will get caught
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Old 14.10.2011, 15:38
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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No details of the account holder are stored on a computer,
not the case at HSBC
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Old 14.10.2011, 16:39
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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not the case at HSBC
For numbered accounts that is indeed the case, the account holder is just a number.........

Everyday customers have a name to their accounts, if privacy is the aim you do not want your name & address printed on statements or letters. Letters will be sent in plain hand written envelopes, with a stamp from a little post office.
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Old 14.10.2011, 16:16
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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If you were wealthy & wanted to evade tax you would have a numbered account. No details of the account holder are stored on a computer, the file is kept in a safe with very limited acess. The bank would not know the account belonged to an English person so this would not get reported.
It's only like that in the comics.
In the real world, all accounts at all banks are listed on their IT systems, and several ppl have access to that information.

Most of who can figure out how to copy that data on to a CD ROM.
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Old 14.10.2011, 16:43
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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It's only like that in the comics.
In the real world, all accounts at all banks are listed on their IT systems, and several ppl have access to that information.

Most of who can figure out how to copy that data on to a CD ROM.
Numbered accounts are listed in the computer , however the owner is a number not a name. It's a bank within a bank, if you turn up with your account no at the holding branch you will even be turned away as it does not mean anything to the clerk on the desk. You will usually have to go upstairs & behind closed doors for assistance.
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Old 18.10.2011, 22:34
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if you want anonymity, you'd be an idiot to register it to a bank under your name no matter what their claims are regarding confidentiality.
Which is the reason for an SA / AG, the share holders are anonymous
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Old 19.10.2011, 16:16
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Re: Britain targets 6,000 HSBC accounts in Switzerland

account holdersdetails clearly can be copied to CD accroding to this story - http://www.businessweek.com/news/201...stry-says.html
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Old 20.10.2011, 01:22
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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account holdersdetails clearly can be copied to CD accroding to this story - http://www.businessweek.com/news/201...stry-says.html
...and which canton is Luxembourg in ???
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Old 20.10.2011, 00:41
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Re: Britain targets 6,000 HSBC accounts in Switzerland

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Which is the reason for an SA / AG, the share holders are anonymous

on which planet are the AG shareholders anonymous??
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Old 20.10.2011, 23:19
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on which planet are the AG shareholders anonymous??
Any company that issues bearer shares in CH. only people with signing rights are registered, not the shareholders.

The French SA is a giveaway, even if you don't speak much French.
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