Brazilians held $5.4 bn with HSBC Switzerland in 2006
1,702 Brazilians nationals had funds in HSBC Switzerland by the end of 2006, totaling about $5.4 billion
The Federal Revenue Service announced Monday (May 25) that they have identified 5,581 active and inactive accounts held by Brazilians with HSBC Switzerland bank. Out of these, 1,702 had funds by the end of 2006, totaling about $5.4 billion.
Based on the account holders' list, the Federal Revenue Service is checking the information against their databases for taxpayers with evidence of tax evasion between 2011 and 2014. The tax authorities have also contacted the Central Bank and the Council for Financial Activities Control (COAF) to inquire about a first batch of records in order to find evidence of financial crimes and money laundering.
Among the taxpayer ID (CPF) numbers identified by the Revenue Service so far, 736 belonged to now deceased taxpayers. Among living individuals, 264 were found to be foreigners, 263 have had their CPF numbers suspended, and 97 have had their CPF canceled. Another 1,129 names are still unidentified.
The investigation is based on electronic data files provided by French tax authorities. Headquartered in Paris, the Direction Générale des Finances Publiques has sent 8,732 files to Brazil, each of which is supposed to be the profile of a Brazilian client of the Swiss bank. So far, 7,359 profiles have been checked. Since there were cases of dividuals with multiple customer profiles, the actual number of account holders is smaller.
Based on the information obtained so far, the Revenue Service wants to identify potential heirs of the 736 deceased taxpayers and examine links between identified taxpayers to look for potentially related groups or potential links between individuals and business entities. Serious cases identified by the tax authorities, the Central Bank, and COAF will be subjected to further investigation by the Federal Police and the Federal Prosecutor's Office (MPF).
Translated by Mayra Borges
Fonte: Brazilians held $5.4 bn with HSBC Switzerland in 2006
