In 2009 it was revealed that swiss bank (USB) sponsored and used art basel miami beach to meet with uber rich people (ny socialites) to get them to invest their money in tax evading schemes, and to also meet and report to the account holders of their investments and interests
earned.
Note: there is no bank statements, and online banking is forbidden.
60 Minutes on CBS
art basel miami beach swiss bank scam
What kind of other events around the country or world are secretly sponsored by swiss banks to gain new accounts and investments?
Will the man who revealed the swiss bank secrets, be given a percentage of recovered billions in taxes?
Will it be worth it for others to reveal these secrets even though they will have to do jail time?
from the art basel website and wikipedia:
Art Basel Miami Beach
Art Basel Miami Beach is an annual contemporary art art exhibition held in Miami, Florida, and is a sister event to Art Basel in Switzerland. Art Basel Miami Beach has been held annually since 2002, has been held throughout the city each December. Along with adjoining fairs and associated events, Art Basel Miami Beach has eclipsed the original Art Basel in size, popularity, if not importance. Events for Art Basel Miami Beach are held in art galleries in the Miami neighborhoods of Wynwood and the Miami Design District. Events in Downtown Miami are held in coordination with the Miami Art Museum and Downtown area associations at Bicentennial Park and Bayfront Park, as well as Downtown theatres such as the Gusman Theater.
Larger exhibits at Art Basel are held in the Miami neighborhood of South Beach with free, public exhibits held along the beach and in various parks around South Beach. More private events are held at the Miami Beach Convention Center with expositions of artists from around the world. The Lincoln Theatre, Colony Theatre, and local bookstores are also host to many Art Basel movie showings, and expositions. Most art galleries and studios in the area host public events in correlation for Art Basel that showcase local Miami artists work. Many local galleries and artists also have special events and exhibitions before and after the official Art Basel dates, to take advantage of the increased media and patrons. This has increased the importance, popularity, and size of Art Basel Miami Beach to the international art community.
UBS involvement in art basel:
Art Basel Miami Beach is the sister event of Art Basel, the prestigious international show for modern and contemporary art that is presented annually in Switzerland. UBS has a longstanding relationship with Art Basel, serving as main sponsor for 16 years and is now main sponsor of Art Basel Miami Beach for an eighth consecutive year.
http://www.ubs.com/1/e/about/sponsor/contemporary_art/art_basel_miami_beach.html
Art Basel is the most important fair for modern and contemporary art. This year it celebrated its 40th anniversary. UBS is main sponsor of Art Basel since 1994 and for ten years also supports the Art Basel special exhibition
http://www.ubs.com/1/e/about/sponsor/contemporary_art/artbasel2.html
The protection of the legitimate right to privacy of our bank clients will remain intact - as declared by the Swiss Government. UBS emphatically supports this position.
Switzerland is adopting an emerging global standard. Switzerland repeatedly said that a "level-playing field" with other financial centers is paramount.
Switzerland has declared that it will not adopt the automatic exchange of information nor allow for unspecific "fishing expeditions" by foreign authorities. It will permit the exchange of information with other countries in individual cases where a specific and justified request has been made.
This is a political and legislative process that reflects the Swiss Federal Council's intention to improve cooperation with other governments in combating tax offenses and to initiate a dialogue with non-EU and non-EFTA countries concerning taxation of interest income.
UBS will respect this framework and supports Switzerland's intentions.
On 13 March, Switzerland declared that it will adopt the OECD standards regarding the exchange of information upon request in tax matters. It is a global standard, recently also adopted by all major offshore financial centers, including Singapore, Hong Kong, Luxembourg, Liechtenstein and Monaco. The protection of the legitimate right to privacy of our clients will remain intact.
John Doe Summons Settlement & US - Swiss Double Taxation Treaty Process
On August 19, 2009 UBS AG announced the signing of a settlement agreement with the US Internal Revenue Service (IRS) and Department of Justice regarding the John Doe summons issued on 21 July 2008. At the same time the governments of Switzerland and the United States announced the signing of a related agreement.
In accordance with these settlements, on 31 August 2009, the IRS submitted a request for administrative assistance pursuant to the existing US-Switzerland Double Taxation Treaty with the Swiss Federal Tax Administration (SFTA), concerning approximately 4,450 accounts of US persons owned either directly or through an offshore company that are or had been maintained at UBS in Switzerland. Upon receipt of this request, the SFTA issued an order to UBS requesting that UBS provide to the SFTA the relevant information regarding account relationships that meet the specific criteria agreed between the U.S. and Swiss government under the standard of "tax fraud or the like" as set forth in the Swiss – US Double Taxation Treaty (DTT).
As stated by the SFTA, the accounts concerned are being evaluated to determine whether they fulfill the "tax fraud or the like" criteria set forth by the existing DTT. The specific criteria are set out in the annex to the Swiss – U.S. Government Agreement, published on November 17, 2009 by the SFTA.
UBS is now in the process of notifying clients that appear to be within the scope of the IRS Treaty Request and will provide to the SFTA on a rolling basis the requested account information, within the deadlines set out in the settlement agreement. Under the settlement agreement, UBS has to notify all affected clients and to provide all information to the SFTA no later than 270 days after it received the SFTA order on 1 September 2009. The SFTA will decide which of those accounts should be disclosed to the IRS, and such decisions will be subject to judicial appeal rights of affected account holders.
Voluntary disclosure
The IRS has a longstanding voluntary disclosure practice to encourage US taxpayers to bring themselves voluntarily into full compliance with the US tax laws. This practice remains in place and available to US taxpayers who may have US tax return filing or other disclosure obligations as a result of maintenance of an offshore account at UBS even though the IRS’s special penalty initiative for voluntary disclosure requests announced on March 23, 2009 has since expired on October 15, 2009. Participation in the IRS’s longstanding voluntary disclosure practice also generally eliminates the risk of criminal prosecution.
You can instruct us to provide your account information to the IRS
In connection with the “John Doe” summons, it is possible for you to give us your consent and instruct us to provide to the IRS on your behalf information relating to your account (“account information”) that is responsive to the summons.
- Instruction to provide account information to the IRS
- FBAR filing obligations
- John Doe Summons Statute of Limitations Notice
Should you have any questions, please call our team of dedicated advisors in UBS at:+41 44 237 56 10
You can also contact the Swiss Federal Tax Administration at:
+41 31 322 71 06.
Please ask for the Task Force IRS Treaty Request / AHUSA
On August 19, 2009 UBS AG announced the formal signing of a settlement agreement with the US Internal Revenue Service (IRS) and the Department of Justice regarding the John Doe summons issued on 21 July 2008. The summons had been the subject of a civil action in the United States District Court of the Southern District of Florida.
On 12 August 2009, the US government informed the US District Court of the Southern District of Florida that all parties had reached an agreement to resolve the John Doe summons matter and that they have initialed the final documentation. The hearing scheduled for 17 August will be removed from the court's calendar, and immediately after the formal signing has occurred, the parties will file the agreed upon stipulation of dismissal with the court.
On 31 July 2009, the US Government has informed the Court in the John Doe Summons matter that the parties had reached an agreement in principle on the major issues and expect to resolve the remaining issues in the coming week. A status conference among the parties has been scheduled for August 7, 2009.
On 12 July 2009, the governments of Switzerland and the United States agreed to attempt to negotiate a solution that would result in the resolution of the John Doe summons litigation. To permit the governments to achieve such a resolution, the US government and UBS, with the support of the Swiss government, requested a temporary “stay” (suspension) of the hearing that was set to begin on July 13 in a Miami federal court until August 3.
On 8 July 2009, UBS filed a brief with the US District Court in Miami
responding to a memorandum filed by the US Internal Revenue Service (IRS) on 30 June 2009.On 30 April 2009, UBS filed its opposition to the enforcement of the John Doe Summons
issued by the US Internal Revenue Service (IRS) in the case pending in the US District Court in Miami.On 4 March 2009, Mark Branson, chief financial officer Wealth Management & Swiss Bank, represented UBS at a hearing of the Permanent Subcommittee on Investigations (PSI) of the US Senate
on the issue "Tax Haven Banks and US Tax Compliance - Obtaining the Names of US Clients with Swiss Accounts". The hearing examined the Deferred Prosecution Agreement, the status of the John Doe summons, the role of US-Swiss tax and legal assistance treaties and the effect of Swiss secrecy laws on US information requests. The hearing is an examination by a political institution and is not related to the civil legal action commenced by the US IRS, i.e. the request to enforce its John Doe summons.On 27 February 2009 , the Swiss Federal Administrative Court declared as invalid the temporary restraining order that prevented the Swiss Financial Market Authority (FINMA) from transferring data of UBS bank clients to the US Department of Justice (DOJ) in a provisional ruling.
On 24 February 2009, a lawyer acting on behalf of certain US clients filed criminal charges against UBS, Peter Kurer and the Swiss Financial Market Authority (FINMA) at the Swiss Federal Attorney's Office. UBS pointed out that it acted on 18 February 2009 based on an order by FINMA related to protective measures.
On 23 February 2009, a telephonic status conference was held before the US District Court for the Southern District of Florida, during which UBS and the US Internal Revenue Service (IRS) agreed to an extended schedule as requested by UBS. This schedule foresees UBS's formal legal response by 30 April 2009 and a court hearing in July.
On 20 February 2009, UBS filed a memorandum with the US District Court for the Southern District of Florida responding to the IRS's request to enforce its "John Doe" summons. UBS believes it has substantial defenses against enforcement of the summons and intends to vigorously contest it in the civil proceeding.
On 19 February 2009, the US IRS, as expected, commenced a civil action in the Florida federal court seeking judicial enforcement of the civil "John Doe" summons served upon UBS in July 2008. The lawsuit asked the court to order UBS to disclose to the IRS the identities of 52,000 US clients. This information is protected from disclosure by Swiss financial privacy laws.
On 18 February 2009, UBS announced that it had entered into a Deferred Prosecution Agreement (DPA) with the US Department of Justice (DOJ) and a Consent Order with the US Securities and Exchange Commission (SEC). The settlement resolves the criminal and regulatory investigations by those authorities relating to UBS's US cross-border business. As part of the settlement, information was transferred to the DOJ regarding accounts of certain US clients who, based on evidence available to UBS, appear to have committed tax fraud or the like. This transfer of client information in cases of fraudulent activities took place pursuant to an order issued by FINMA. This disclosure does not constitute a breach of Swiss bank-client confidentiality, to which UBS remains firmly committed.
On 12 November 2008, UBS confirmed that Weil had been indicted by a federal grand jury sitting in the Florida US district court in connection with the ongoing investigation of UBS's US cross-border business by the DOJ. Weil was head of UBS Wealth Management International from 2002 to 2007. He relinquished his duties pending resolution of this matter.
On 18 August 2008, UBS confirmed that Martin Liechti resolved his status with the US government and returned to Switzerland.
On 17 July 2008, UBS representative Mark Branson, chief financial officer of Global WM&BB, testified at the US Senate Subcommittee hearing on the issue "Tax Haven Banks and US Tax Compliance."
On 17 July 2008, UBS announced that it would cease providing cross-border private banking services to US-domiciled clients through its non-US regulated units. This move accelerated the process initiated in November 2007 to re-align UBS's cross-border operations for US private clients.
On 17 July 2008, Swiss authorities received a formal demand for information from the US IRS under the US - Swiss Double Taxation Treaty, according to a spokesman from the Swiss Federal Department of Finance.
On 30 June 2008, the IRS announced that it had filed papers seeking an order from the Florida US district court authorizing the IRS to request client information from UBS. The IRS sought permission to allow it to serve on the bank what is known as a "John Doe" summons, which the IRS uses to obtain information about possible tax fraud by people whose identities are unknown.
On 19 June 2008, former UBS banker Bradley Birkenfeld pleaded guilty to conspiring to defraud the IRS by assisting UBS clients in avoiding US reporting requirements on income in Swiss bank accounts. According to Birkenfeld's court statement, UBS employees assisted wealthy US clients in concealing their ownership of assets held offshore by creating sham entities and then filing IRS forms falsely, claiming that the entities were the owners of the accounts.
On 13 May 2008, US federal prosecutors indicted Bradley Birkenfeld, a former senior UBS banker, over his role in an illegal tax scheme that enabled a US client to avoid paying US taxes on assets maintained at UBS in Switzerland.
On 7 May 2008, UBS confirmed that a senior UBS employee, Martin Liechti, was detained by US authorities under a "material witness" warrant in connection with these investigations.
On 6 May 2008, UBS disclosed that US and Swiss authorities were investigating its Swiss-based cross-border banking services for US private clients.
In 2007, UBS decided to realign its business model for US private clients to increase its business focus on the firm's US-regulated units (UBS Wealth Management USA; UBS Swiss Financial Advisers AG; and UBS International Hong Kong Limited). A decision was made to discontinue relationships with clients who possessed assets below CHF 50,000.
On 1 January 2001, UBS entered into a Qualified Intermediary (QI) agreement with the IRS. The QI regime provides a comprehensive framework for US information reporting and tax withholding by a non-US financial institution that acts as a QI with respect to customer accounts held by non-US persons and by US persons. The QI agreement is designed to help ensure that non-US persons are subject to proper US withholding tax rates and that US persons are properly paying US tax, in each case, with respect to US securities held in an account with the QI.
As a general matter, in order to take advantage of the IRS’s voluntary disclosure practice, a US taxpayer must make a voluntary disclosure to the IRS before the IRS identifies the taxpayer’s potential non-compliance with US tax laws based on the IRS Treaty Request, or through a civil examination, criminal investigation or other means. As explained by the IRS in subsequent guidance, there is still an opportunity for taxpayers to make a voluntary disclosure, but that opportunity will be lost upon the provision of the account data to the IRS in response to the Treaty Request. Accordingly, if clients are considering making a voluntary disclosure, it is important to do so now. The IRS has stated that a voluntary disclosure will be considered timely as soon as a taxpayer identifies himself and expresses an intent to disclose, even if the taxpayer has not yet completed amended or delinquent returns. For details and further information on the IRS’s voluntary disclosure practice, please visit the IRS website at: http://www.irs.gov/newsroom/article/0,,id=206012,00.html?portlet=7.
Upon request, UBS will provide clients with account information that they may need in order to make a voluntary disclosure free of charge. Please indicate that you require the documents for the voluntary disclosure. However, as stated above, these documents are not needed to initiate the voluntary disclosure process.
You can instruct us to provide your account information to the IRS
In connection with the “John Doe” summons, it is possible for you to give us your consent and instruct us directly to provide to the IRS on your behalf information relating to your account (“account information”) that is directly responsive to the summons. If you would like to give this consent and instruct us accordingly, please sign the Form of Instruction Letter and return it to us. We do not express any views as to whether provision of such account information would be treated by the IRS as a voluntary disclosure and recommend that you consult with a qualified U.S. tax lawyer or other qualified U.S. tax advisor should you have questions. For information on how to fill out the Form of Instruction Letter, please refer to the Form of Instruction Letter Guidelines.
Information for US-Taxpayers without valid address
The U.S. Internal Revenue Service (“IRS”) has submitted a request for administrative
assistance to the Swiss Federal Tax Administration (the “SFTA”), pursuant to Article
26 of the 1996 Convention Between the United States of America and the Swiss
Confederation for the Avoidance of Double Taxation with Respect to Taxes on
Income (the “1996 Convention”). The IRS is seeking information with regard to
accounts of certain U.S. persons owned either directly or through an offshore
company that are or have been maintained with UBS AG (“UBS”) in Switzerland
("IRS Treaty Request"). The SFTA has issued an order directing UBS to submit
responsive account information to the SFTA.
UBS provides notice to the accountholders if their account with UBS appears to be
within the scope of this IRS Request for information exchange. However for a number
of accountholders UBS has no valid address where to send the notice of the IRS
Treaty Request. For a number of deceased accountholders UBS has no address of
executors and/or heirs. The SFTA therefore by this public announcement informs
those accountholders and executors/heirs that information relating to the UBS
accounts in question might be provided to the IRS pursuant to the 1996 Convention.
In order to preserve their rights in this process the accountholders in question are
asked to take action as follows:
- Appoint an agent in Switzerland to receive notifications in Switzerland
concerning this matter and inform the SFTA of the person appointed, or
- call the UBS for additional information at +41 44 237 56 10 or consult the UBS
website at www.ubs.com or
- call the SFTA helpline for additional information at +41 31 325 05 81
(reference AHUSA).
- For additional information visit
www.bj.admin.ch/bj/de/home/themen/wirtschaft/fallubs.html or
www.estv.admin.ch/aktuell/index.html
In due course of the procedure for administrative assistance the SFTA will render
decisions concerning accounts with no valid address known and forward them to the
fallback agent (Bill Isenegger Ackermann AG, Attorneys at Law, Zurich, Switzerland,
+41 44 386 88 88). Therefore accountholders who do not contact an agent of their
own nor ask for additional information risk to lose the opportunity to appeal the
decisions of the SFTA.
UBS: Treaty Process On Track
Annex to Agreement Now Published in Switzerland's Official Compilation of Legislation
Press Release, FDJP, 17.11.2009
Bern. The official assistance that Switzerland is providing to the US tax authorities in connection with the UBS affair is on track. The tax treaty between Switzerland and the USA provides the corresponding legal framework. Issues relating to implementation, the associated deadlines and the number of cases involved (4,450) were laid down in the agreement of 19 August 2009 between the Swiss Confederation and the USA. The criteria for granting assistance under the treaty request were published today, 90 days after the agreement was signed, in Switzerland's official compilation of legislation.
According to the criteria set out in the annex to the agreement, the US treaty request covers the following persons where there is a reasonable suspicion of "tax fraud or the like":
- US-domiciled clients of UBS who directly held and beneficially owned undisclosed (non-W-9) custody accounts and banking deposit accounts in excess of CHF 1 million at any point in time between 2001 and 2008;
- US persons (irrespective of their domicile) who beneficially owned offshore company accounts established or maintained between 2001 and 2008.
Further investigations are ongoing in both categories to establish whether "tax fraud or the like" has been committed under the terms of the tax treaty. The term "tax fraud or the like" is defined in greater detail in the agreement on the UBS affair. On the one hand, it also extends to fraudulent conduct (e.g. constructing a scheme of lies or submitting incorrect or false documents) that might result in the concealment of assets and the underreporting of income. Where such conduct is proven, the qualifying threshold under the US treaty request is lowered to include holders of accounts containing assets of CHF 250,000 or more. In addition to cases of conventional "fraudulent conduct", Switzerland may also be asked to obtain information on continued and serious tax offenses. According to the annex, this refers to accounts that generated revenues of more than CHF 100,000 on average per year for a period of at least three years, where such revenues were not reported to the IRS.
Efficient Handling – Rights Safeguarded
Under the terms of the agreement, the Swiss Federal Tax Administration (SFTA) must evaluate the 4,450 UBS accounts within 360 days of the treaty request being received (31 August 2009). An efficient system was set up to handle the treaty process. It is based on the electronic processing of the client dossiers filtered by UBS. Subject to the usual security precautions, these dossiers are sent to the SFTA, where audit firm PricewaterhouseCoopers (PWC) reviews the facts in accordance with SFTA instructions. The legal qualification lies with the SFTA. It will allow the individuals concerned to inspect their dossiers upon request, and will also give them the opportunity to state their case. The rights of these individuals are therefore safeguarded in full. Finally, the SFTA will decide whether or not assistance will be provided, and will issue a final decision. Upon receipt of this decision, the individuals concerned have 30 days in which to lodge an appeal with the Federal Administrative Court, which will issue a final decision. The Federal Government estimates the costs of the UBS affair at around 40 million Swiss francs.
Task Force Fully Operational
The SFTA set up a dedicated task force to speed up the treaty request process. Hans-Jörg Müllhaupt, who was appointed by the Federal Council as overall project manager in August 2009, is in charge of proceedings. Following set-up work in September, the task force became fully operational in October 2009. The first 500 client dossiers prepared by UBS were received by the end of that month, i.e. within the agreed 60-day period that began when the treaty request was received by the SFTA.
Around 40 people – ten of them from PWC – are currently employed on the project. Where necessary, additional lawyers may be brought in at short notice from other departments, particularly those of the Federal Office of Justice (FOJ).
Final decisions are being issued on an ongoing basis, meaning that the first can be sent out as early as today. Under the terms of the agreement, the SFTA has 90 days from receipt of the treaty request, i.e. until the end of November 2009, to issue the first 500 decisions. The remaining dossiers must be processed by the SFTA within 360 days of receiving the treaty request.
Agreement and annex:
Folco Galli, Federal Office of Justice, T +41 31 322 77 88, E-Mail
Implementation of agreement:
Beat Furrer, Swiss Federal Tax Administration, T +41 31 324 91 29, E-Mail
UBS: Treaty Process On Track
Annex to Agreement Now Published in Switzerland's Official Compilation of Legislation
Press Release, FDJP, 17.11.2009
Bern. The official assistance that Switzerland is providing to the US tax authorities in connection with the UBS affair is on track. The tax treaty between Switzerland and the USA provides the corresponding legal framework. Issues relating to implementation, the associated deadlines and the number of cases involved (4,450) were laid down in the agreement of 19 August 2009 between the Swiss Confederation and the USA. The criteria for granting assistance under the treaty request were published today, 90 days after the agreement was signed, in Switzerland's official compilation of legislation.
According to the criteria set out in the annex to the agreement, the US treaty request covers the following persons where there is a reasonable suspicion of "tax fraud or the like":
- US-domiciled clients of UBS who directly held and beneficially owned undisclosed (non-W-9) custody accounts and banking deposit accounts in excess of CHF 1 million at any point in time between 2001 and 2008;
- US persons (irrespective of their domicile) who beneficially owned offshore company accounts established or maintained between 2001 and 2008.
Further investigations are ongoing in both categories to establish whether "tax fraud or the like" has been committed under the terms of the tax treaty. The term "tax fraud or the like" is defined in greater detail in the agreement on the UBS affair. On the one hand, it also extends to fraudulent conduct (e.g. constructing a scheme of lies or submitting incorrect or false documents) that might result in the concealment of assets and the underreporting of income. Where such conduct is proven, the qualifying threshold under the US treaty request is lowered to include holders of accounts containing assets of CHF 250,000 or more. In addition to cases of conventional "fraudulent conduct", Switzerland may also be asked to obtain information on continued and serious tax offenses. According to the annex, this refers to accounts that generated revenues of more than CHF 100,000 on average per year for a period of at least three years, where such revenues were not reported to the IRS.
Efficient Handling – Rights Safeguarded
Under the terms of the agreement, the Swiss Federal Tax Administration (SFTA) must evaluate the 4,450 UBS accounts within 360 days of the treaty request being received (31 August 2009). An efficient system was set up to handle the treaty process. It is based on the electronic processing of the client dossiers filtered by UBS. Subject to the usual security precautions, these dossiers are sent to the SFTA, where audit firm PricewaterhouseCoopers (PWC) reviews the facts in accordance with SFTA instructions. The legal qualification lies with the SFTA. It will allow the individuals concerned to inspect their dossiers upon request, and will also give them the opportunity to state their case. The rights of these individuals are therefore safeguarded in full. Finally, the SFTA will decide whether or not assistance will be provided, and will issue a final decision. Upon receipt of this decision, the individuals concerned have 30 days in which to lodge an appeal with the Federal Administrative Court, which will issue a final decision. The Federal Government estimates the costs of the UBS affair at around 40 million Swiss francs.
Task Force Fully Operational
The SFTA set up a dedicated task force to speed up the treaty request process. Hans-Jörg Müllhaupt, who was appointed by the Federal Council as overall project manager in August 2009, is in charge of proceedings. Following set-up work in September, the task force became fully operational in October 2009. The first 500 client dossiers prepared by UBS were received by the end of that month, i.e. within the agreed 60-day period that began when the treaty request was received by the SFTA.
Around 40 people – ten of them from PWC – are currently employed on the project. Where necessary, additional lawyers may be brought in at short notice from other departments, particularly those of the Federal Office of Justice (FOJ).
Final decisions are being issued on an ongoing basis, meaning that the first can be sent out as early as today. Under the terms of the agreement, the SFTA has 90 days from receipt of the treaty request, i.e. until the end of November 2009, to issue the first 500 decisions. The remaining dossiers must be processed by the SFTA within 360 days of receiving the treaty request.
Agreement and annex:
Folco Galli, Federal Office of Justice, T +41 31 322 77 88, E-Mail
Implementation of agreement:
Beat Furrer, Swiss Federal Tax Administration, T +41 31 324 91 29, E-Mail
Any U.S. person who has a financial interest in or signature authority, or other authority over any financial account(s) in any country outside the United States with an aggregate value exceeding $10,000 at any time during the calendar year must file with the U.S. Department of the Treasury a Report of Foreign Bank and Financial Accounts ("FBAR") on Form TD 90-22.1.
Additional information is available on the IRS website at www.irs.gov/businesses/small/article/0,,id=148845,00.html.
The W South Beach
Tonight: Art dealer Larry Gagosian hosts a swanky private dinner at Mr. Chow.
Thursday: W owner Aby Rosen hosts art-world pals Tico Mugrabi, and Peter Brant at a dinner at Solea. Later in the evening, Vito Schnabel, Alex Dellal, and Stavros Niarchos host a Basel after-party at The Wall.
Friday: We Rock the Arts throws a poolside bash with performances by Glen Matlock (Sex Pistols) and Jesse Yusef Murphy (Brazilian Girls).
The Standard
Tonight: Naomi Campbell is said to be attending the cocktail party for the Francois Nars 15X15 book (celebrity portraits by Nars to celebrate the company’s 15th anniversary).
The Shore Club
Tonight: Cool curator collaborative Primary Flight throw their opening reception party here from 10–2 a.m.
Saturday: The posh Russians from SNOB Magazine throw what is bound to be a lavish bash.
The Mondrian South Beach
Today: Interview Magazine (who are camped out here all week) host a Ping Pong party with Fred Perry & SPiN New York.
The Delano
Thursday: Chicago dance music artist and rapper Kid Sister and Miami DJ Induce perform poolside from 9 p.m. Free with RSVP.
The Setai
Thursday: An invitation-only party hosted by Elite Traveler magazine kicks off at 9 p.m.
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