Difference between revisions of "Compliance Statistics"

From SEAT Wiki
m
(One intermediate revision by the same user not shown)
Line 3: Line 3:
 
*US system consumes 3.6 billion hours of individual taxpayer time every tax-filing year.[https://www.nbcnews.com/id/wbna24132392]
 
*US system consumes 3.6 billion hours of individual taxpayer time every tax-filing year.[https://www.nbcnews.com/id/wbna24132392]
  
 +
== OVDP for Swiss banks ==
 +
 +
*ZKB US citizen clients: Less than 1%. DoJ investigation: 2011 to 2018. Fine: $100 million. [https://www.finews.ch/news/banken/45856-zuercher-kantonalbank-brokerage-ausbau-usa]
  
 
[[Category:Fact Book]]
 
[[Category:Fact Book]]

Revision as of 16:13, 14 April 2021

The hardest thing in the world to understand is the income tax - Chairman Max Baucus, D-Mont.[1]

  • US system consumes 3.6 billion hours of individual taxpayer time every tax-filing year.[2]

OVDP for Swiss banks

  • ZKB US citizen clients: Less than 1%. DoJ investigation: 2011 to 2018. Fine: $100 million. [3]