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A comment on Switzerland in the age of automatic exchange of banking information. Parent comment

Re:Switzerland in the age of automatic exchange of banking i... by captainpiggies on Wednesday September 18, 2019 @08:40PM (#21012083)
Correlation =/= Causation

There are way bigger fish for the US to fry other than Switzerland. FATCA wasn’t created because of Swiss banks. Claiming otherwise is ignorant.

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Re:Switzerland in the age of automatic exchange of banking i... by ShorsHammer on Thursday September 19, 2019 @01:21AM (#21013513)
For many decades Switzerland was definitely the biggest fish to fry for most western countries regarding offshore accounts and tax dodging. By far.
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Re:Switzerland in the age of automatic exchange of banking i... by colechristensen on Wednesday September 18, 2019 @09:25PM (#21012318)
There are but the prosecutors went for the biggest win, not the biggest target.

Making cases is hard because these things are very convoluted.

Swiss banks, however, were doing things which were really obviously illegal and their brazen tax avoidance made them a good target for prosecutors. Other targets are honestly just better at avoiding the law and will be harder to get to. Progress is being made though.

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