I think they are being tarred with the same brush as FIFA, or caught up in the — perhaps anachronistic — view of Switzerland as a haven for tax evaders.
What's anachronistic about it ? it's STILL a haven for tax evaders.
What's changing these days is rich people are renouncing en masse their US citizenship to escape the long arm of the IRS. I find it disgraceful & immoral that people elect to abandon their responsibilities as citzien to save a few pennies.
Switzerland buckled under US pressure, but what applies to the US doesn't apply to other -smaller- countries around the world , where funds of dubious origins continue to originate from & the money-laundering , let's call it what is is, business keeps on trucking as usual.
I find it disgraceful & immoral that IRS still wants you to pay income tax on your income abroad, even if your only tie with the motherland is "America" on the passport.
