Owe Back Taxes?

Germany moves towards bank levy
Germany’s government approves a draft law imposing a levy on banks to cover the costs of any future financial crisis.

Read more on BBC News

Notice From the Securities Arbitration Law Firm of Klayman & Toskes to All Smith Barney/Citi Private Bank Customers …
NEW YORK — The Securities Law Firm of Klayman & Toskes, www.nasd-law.com, announced today that it is continuing to pursue securities arbitration claims against Citigroup Global Markets, Inc. with the Financial Industry Regulatory Authority’s Office of Dispute Resolution, on behalf of investors who sustained losses in Smith Barney/Citi Private Bank’s ASTA and MAT Funds.

Read more on GlobeNewswire via Yahoo! Finance

US tax-exempt funds aid settlements in West Bank
US charity groups have used tax-exempt donations to help establish Jewish settlements in Israeli-occupied West Bank, the New York Times reported Tuesday.

Read more on AFP via Yahoo! News

Democrats dump bank tax from financial reform bill
WASHINGTON: US Democrats stripped out a controversial tax from their landmark financial reform bill in a scramble to win the votes needed to pass it through Congress.

Read more on The Borneo Post

Bank of England’s Sentance called for rate hike
LONDON (MarketWatch) — The Bank of England’s Monetary Policy Committee voted 7-to-1 to keep its key interest rate on hold at 0.5% and maintain its asset repurchase program at 200 billion pounds at its June 10 meeting, according to the minutes released Wednesday. Andrew Sentance was the lone MPC member to oppose the decision, voting instead for a quarter-point increase in interest rates. The …

Read more on Market Watch

Swiss parliament approves bank data deal with US
The Swiss parliament on Thursday approved a tax evasion deal with the United States that clears the way for banking giant UBS to transfer data on thousands of its clients to US authorities.

Read more on AFP via Yahoo! News

G20 scraps plans for universal bank tax
G20 scraps plans for universal bank taxG20 scraps plans for universal bank tax

Read more on The Economic Times

EU seeks bank tax to help prevent future bailouts
BRUSSELS — Banks should pay a levy to help prevent future bailouts and shield taxpayers from the burden of multibillion euro rescues, the European Union’s top financial chief proposed Wednesday.

Read more on Asbury Park Press

Fighting a bank levy with few options
Dear Debt Adviser, I have a recent bank levy (non-IRS) against me from an old debt . I was wondering a few things: Will filing for bankruptcy cease the levy and quash the debt? If not, what will? Also, can they take my state or federal tax refund?

Read more on Bankrate.com