Daily Tax Update - March 2, 2009

SENATE SUBCOMMITTEE ON INVESTIGATIONS ANNOUNCES WITNESS LIST FOR TAX HAVEN BANKS HEARING:  The Permanent Subcommittee on Investigations is holding a hearing on March 4th titled, "Tax Haven Banks and US Tax Compliance - Obtaining the Names of US Clients with Swiss Accounts."

  • The witness list has been announced:
  • THE HONORABLE DOUGLAS H. SHULMAN, Commissioner, Internal Revenue Service, US Department of the Treasury, Washington, DC
  • Accompanied by:
  • MR. BARRY SHOTT, Deputy Commissioner, International, Office of the Commissioner, Large & Mid-Size Business Division, Internal Revenue Service, US Department of the Treasury Washington, DC       
  • MR. JOHN DiCICCO, Acting Assistant Attorney General, Tax Division, US Department of Justice, Washington, DC       

  • Panel 2   
  • MR. MARK BRANSON, Chief Financial Officer, UBS Global Wealth Management & Swiss Bank, Member of the Group Managing Board, Zurich, Switzerland

As provided for in Treasury regulations, advice (if any) relating to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of (1) avoiding penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any plan or arrangement addressed herein.

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