who are the tax cheats?

http://www.ft.com/cms/s/0/35879d72-8cd5-11de-a540-00144feabdc0.html he US blasted a hole in Switzerland’s famed bank secrecy on Wednesday as Bern agreed to reveal the names of 4,450 wealthy Americans holding offshore accounts at UBS, the country’s biggest bank. Washington hailed the deal as a victory in the clampdown on tax evasion and indicated that it would be the foundation of efforts to pursue... [more]

http://www.ft.com/cms/s/0/35879d72-8cd5-11de-a540-00144feabdc0.html he US blasted a hole in Switzerland’s famed bank secrecy on Wednesday as Bern agreed to reveal the names of 4,450 wealthy Americans holding offshore accounts at UBS, the country’s biggest bank. Washington hailed the deal as a victory in the clampdown on tax evasion and indicated that it would be the foundation of efforts to pursue other foreign banks. “This agreement sends an unmistakable message to people hiding income and assets offshore,” said Douglas Shulman, commissioner of the Internal Revenue Service, the US tax authority. “The IRS will vigorously pursue tax cheats around the world, no matter how remote or secret the location.” Mr Shulman said the IRS would now receive an “unprecedented amount of information on tax evaders” and data of the “greatest interest to us” as a result of the agreement. Swiss ministers tried to play down the implications of the deal by arguing that Bern had already agreed in March to accept international standards on tax co-operation after mounting pressure from the G20 group of industrial and developing countries. [less]