HSBC to possibly face severe penalties for alleged helping with potential tax evasion by its US-based clients concerning its Indian unit.
NewsPosted in on May 8, 2013
HSBC will possibly face severe penalties for alleged conduct of help with potential tax evasion by its US-based clients concerning its Indian unit and other possible cases. The US government continues to investigate HSBC's conduct and serves as an update on the enforcement proceedings. Now is possibly the time to enter into the Amnesty Program and disclose your account before the US government obtains the information from the Bank.
The attorneys at Thorn Law Group have experience in assisting U.S. taxpayers into compliance through the IRS Amnesty Program. If you have an undisclosed offshore account contact Thorn Law Group now before it's too late!
