Coutts to continue to serve U.S. citizens eager to keep assets abroad

May 9, 2012 Full story: www.bloomberg.com

As Asian banks are increasingly unwilling to welcome U.S. clients, Coutts of London is preparing to understand imminent rules intended to prune tax avoidance options. Coutts, the wealth division of U.K. government-owned Royal Bank of Scotland Group Plc, plans to comply with Fatca. The London-based bank has invested since July 2010 in a "global programme of work" established to support the implementation of the Fatca provisions.

Renouncing citizenship is an option chosen by increasing numbers of Americans to sustain their recent earnings potential. A record 1,780 gave up their U.S. passports last year, compared with 235 in 2008, the IRS reported.

Full Story
Revo

Leyton, UK

#1 May 10, 2012
Greedy fcukers, just pay what you owe like the rest of us.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Ubs Ag Discussions

Title Updated Last By Comments
Bank of America Cuts This High Profile Name (Mar '13) Aug '14 PULTEGROUP is a RICO 4
Make requests that are 'justified': Swiss banks... Jul '14 williamscharles71 2
Wall Street gets creative with bonuses (Feb '13) Apr '14 hubertfields00 5
UBS axes 3,500 jobs in cost-cutting push (Aug '11) Mar '14 Jonell 2
Credit Suisse will open private banking branch ... (Jun '08) Mar '14 Celle 6
Detroit Cancels Swaps Forbearance Deal With Bof... (Feb '14) Feb '14 dariusrickard 2
Judge rejects house arrest bid by jailed ex-UBS... (Nov '13) Nov '13 Nicknat 1
•••

Ubs Ag People Search

Addresses and phone numbers for FREE

•••