Yearly Archives: 2013

Munich football boss’s Swiss account becomes German political football

"German Chancellor Angela Merkel on Monday distanced herself from Bayern Munich president Uli Hoeness, whose Swiss bank account and alleged tax dodge has poured fuel on a heated election-year debate. 'Many people in Germany are now disappointed in Uli Hoeness,' said Merkel's spokesman Steffen Seibert about the football club chief. The 61-year-old football legend voluntarily disclosed a Swiss bank account in January and was working closely with investigators on a tax evasion probe. At a Bayern Munich press conference, journalists were told that the event would be immediately scrapped if anyone asked about the tax issue." Continue reading →

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Top ten celebrity expats living in Switzerland

"When was the last time you saw packs of photographers door-stepping the Swiss home of a star or politician? The answer is probably never. Welcome to Switzerland – the land where the rich and famous can walk down a busy street without anyone so much as batting an eyelid. Here, even the very notion of celebrity seems foreign. It’s no surprise, then, that increasing numbers of global celebrities are choosing the Swiss mountains over the Hollywood hills. Of course, camera shyness isn’t the only reason why celebrities choose to move there. Switzerland's famous tax breaks for rich foreigners have reportedly drawn many a minted magnate in recent years." Continue reading →

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Zurich Mayor Renounces U.S. Citizenship Amid Tighter Tax Rules

"Corine Mauch, 52, a member of the Socialist Party born in Iowa City, Iowa, returned her passport to the U.S. Embassy as she regards Switzerland as her home and doesn’t want to deal with IRS paperwork. 'My relationship with the U.S. is limited to my very early youth,' said Mauch, who retains Swiss citizenship. 'Neither the double taxation or any new directives on the taxation of U.S. citizens outside the U.S. have affected this decision. But I won’t miss the U.S. tax bureaucracy either.' The U.S. is the only nation in the Organization for Economic Cooperation and Development that taxes citizens wherever they reside, including an estimated six million expatriates." Continue reading →

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Tina Turner claims Swiss citizenship

"Tina Turner, the US-born singer famed for hits such as 'Private Dancer' and 'What’s Love Got to Do With It', has become a Swiss citizen, the Swiss newspaper Blick reported. The 73-year-old retired entertainer, who has lived in Switzerland for nearly two decades, received her red Swiss passport with its distinctive white cross on it on Monday, the publication said. Swiss media reported in January that Turner was to hand in her US passport when she got her Swiss one. She was quoted as saying that 'I cannot imagine a better place to live' than in the European Alpine state, where privacy laws are strictly enforced." Continue reading →

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White House: Internet sales tax ‘will level the playing field’

"'We believe that the Marketplace Fairness Act will level the playing field for local small-business retailers, who are undercut every day by out-of-state online companies,' said White House spokesman Jay Carney. The Act would require Internet and remote retailers to collect state sales taxes no matter where they are located when a transaction takes place, and advocates hope it would ease budget problems in many cash-strapped states. Opponents of the Act say it would still be unfair because retailers in a state which has no sales tax would still be liable to collect tax on purchases made in distant states which do have sales taxes." Continue reading →

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Never throw away your tax returns

"David started working in his teens. Surely, he has 40 credits (or 10 years) in the system? Yes, he does. But having gotten rid of his older tax returns, he can no longer prove it. David asked the IRS for copies of certain missing years, dating back to about 20 years ago. Not only did the IRS not have copies, but they didn’t even have electronic transcripts going that far back. What can David do? Not a thing. He accepted this philosophically, knowing he must work two more years to build up his benefits. How can you avoid this problem? It’s easy. Never, ever throw out a tax return." Continue reading →

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Bulletproof whiteboards installed in Minnesota school district

"A Minnesota school district where two students were killed in a 2003 shooting unveiled a new device Tuesday aimed at adding a last-ditch layer of safety for teachers and students: bulletproof whiteboards. The Rocori School District has acquired nearly 200 of the whiteboards, made of a material touted by its manufacturer as stronger than that in police-issue bulletproof vests. The 18-by-20-inch whiteboards can be used by teachers for instruction and used as a shield in an emergency. Police Chief Phil Jones demonstrated the whiteboards Tuesday in a school gym by leveling a karate kick at one, whacking it with a police baton and stabbing it with a knife." Continue reading →

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Integris Health Hospital Employee Balks at Patient Biometric Scans

Kaye Beach April 24, 2013 Almost no one would disagree that our government aided by its corporate partners, has become increasingly intrusive and data hungry. At every turn it seems we are being measured, monitored, tracked or surveyed in some … Continue reading →

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Florida pot grower busted for manufacturing ‘high-end assault rifles’

"Police in Port St. Lucie, Florida announced on Wednesday that they had arrested a couple on charges related to a 'weapons manufacturing warehouse' and a marijuana growing operations, according to TCPalm. WPTV reported that a traffic stop made by the Martin County Sheriff’s Office earlier in the week led to a marijuana grow house, which then led to a warehouse facility where 'high-end' weapons were being manufactured. At a warehouse on Northwest Settle Avenue, investigators found about 150 marijuana plants and ten guns, including an AK-47 military-style assault rifle." Continue reading →

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U.S. Government Preparing for Major Terrorism Exercises In Three Cities

"Beginning sometime between May 7 and May 29, local, state and top level federal authorities will respond to simulated weapons of mass destruction attacks in three cities — Denver, Portsmouth, N.H., and the Washington, D.C.-area. Volunteers and professional actors will play the roles of victims, who will be rescued, diagnosed, decontaminated and treated over the 10-day period. A 'virtual news network' will be created that will broadcast on the exercises every hour on the hour. This marks the first time that an exercise of this scope, with the participation of top-level federal, state and local officials, has ever been conducted." Continue reading →

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