A Liechtenstein Tax Scandal Reader

The IRS announced yesterday (IR 2008-26) that it is initiating enforcement action with respect to more than 100 U.S. taxpayers in connection with growing scandal involving off-shore accounts in Liechtenstein used to hide assets and avoid tax.  Press and blogosphere coverage of the scandal:

• Bloomberg:
  • IRS to Probe Americans With Liechtenstein Accounts
• Forbes:
  • Tax Evaders, Beware The Liechten-sting
• International Herald Tribune:
  • German Tax Evasion Case Nets €28 Million and 150 People
  • Tax Havens Are Getting More Popular, More Dangerous - And More Useful
• L.A. Times:
  • IRS Searches for Hidden U.S. Assets in Liechtenstein Banks
• New York Times:
  • Special Section on Liechtenstein
  • Liechtenstein’s Friendly Bankers (editorial)
  • Liechtenstein Looks to Move Beyond Tax Feud
  • Tax Scandal in Germany Fans Complaints of Inequity
  • U.S. Among Countries Investigating Tax Evasion
• Reuters:
  • Global Tax Shift Seen in IRS' Liechtenstein Action
• A Taxing Matter:
  • Liechtenstein Redux: IRS Investigating
  • Liechtenstein's Bank Secrecy: Another Way Rich Americans Are Avoiding Taxation?
• Wall Street Journal:
  • German Tax Probe Helps To Recoup $41.2 Million
  • Heavenly Tax Havens (op-ed)
  • Liechtenstein Criticizes Germany Over Tax Probe
  • Liechtenstein Hid Americans' Assets
  • Tax Blitzkrieg
  • Theft of Tax Data Hits Bank Clients Around Globe
  • U.S., Others Join Tax Probe; Eight Nations Examine Citizens' Assets Held in Liechtenstein Bank