April 30, 2012 - Rand Paul Seeks to Block Tax Treaty Change on Swiss Accoun
“There needs to be some constitutional protections to your banking records.”
April 30, 2012 - Swiss FinMin says withholding tax deals will prove efficie
Widmer-Schlumpf did not elaborate on ongoing talks with U.S. justice and tax officials over a dispute on unpaid taxes in hidden Swiss offshore accounts, following a meeting last weekend in Washington with U.S. Treasury Secretary Timothy Geithner and Attorney General Eric Holder.
April 23, 2012 - Swiss President: Discussed US-Swiss Tax Transparency With
"We will look into all options available to us," she told reporters. "U.S. taxpayer money in our banks should be identifiable ... we cannot give details until the package is finalized."
April 14, 2012 - Swiss president says no more concessions to US, Germany on
Widmer-Schlumpf also clarified that Switzerland is seeking two agreements with the US, one that would provide a framework in which the 11 Swiss banks under investigation by the US would negotiate fines with the US Justice Department, and another that would cover 300 other Swiss banks’ past activities to end the US starting new legal proceedings every year.
April 14, 2012 - US senator digs in heels over Swiss tax deal
The double-taxation agreement between the United States and Switzerland is being held up by one American senator – Rand Paul, son of presidential candidate Ron Paul.
April 14, 2012 - Swiss banks to hand over staff names in U.S. tax row: repo
Switzerland is trying to get the investigations dropped, in return for the payment of a hefty fine and the transfer of names of thousands of U.S. bank clients. It is also seeking a deal to shield the remainder of its 300 or so banks from U.S. prosecution.
April 12, 2012 - Swiss court delivers blow to US tax deal
"The mere failure to declare a bank account may be qualified -- at the utmost -- as a tax evasion, which is not subject to administrative assistance," it added.
March 9, 2012 -Swiss President Wants Tax Accord From U.S.
“We are ready,” President Eveline Widmer-Schlumpf, who is also finance minister, said here on Wednesday. “We’ve made a lot of constructive proposals. We could sign it tomorrow if the United States wants to do it.”
March 9, 2012 -Swiss President Wants Tax Accord From U.S.
“We are ready,” President Eveline Widmer-Schlumpf, who is also finance minister, said here on Wednesday. “We’ve made a lot of constructive proposals. We could sign it tomorrow if the United States wants to do it.”
March 7, 2012 - U.S. eases pressure on Switzerland over taxes for now
The United States welcomes the Swiss parliament's backing of a proposal to help U.S. authorities crack down on wealthy Americans who evade taxes and will not put any further pressure on Switzerland at present, the U.S. ambassador to that country said on Tuesday.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment, Aiding Ta
“What we are deciding on is not any kind of fishing expedition,” Finance Minister Eveline Widmer-Schlumpf told the house before the vote. “There must be clear evidence of wrongdoing by the client” and by the banks involved, she said.
Feb 29, 2012 -Swiss lawmakers set for tax plan vote
Swiss lawmakers are set to back a tax proposal with the United States on Wednesday in a move which could pave the way for Switzerland to settle a U.S. probe into Swiss banks and hidden offshore accounts.
Feb 29, 2012 -Swiss lawmakers set for tax plan vote
Swiss lawmakers are set to back a tax proposal with the United States on Wednesday in a move which could pave the way for Switzerland to settle a U.S. probe into Swiss banks and hidden offshore accounts.
February 6, 2012 - Julius Baer eyes happy ending to U.S. probe
"We've taken an early, proactive approach with the U.S., taken measures including the US exit in 2009 at our own decision, and have an ongoing constructive dialogue," Julius Baer Chief Executive Boris Collardi told journalists
February 6, 2012 - Baer Expects Fine to Resolve U.S. Tax Matters as Net Dro
Baer expects to hand over client data to U.S. authorities as part of a final settlement, said Collardi, adding that the firm accepted customers from “larger banks” in 2008. That didn’t involve “active targeting” and Baer no longer takes that type of client, Collardi said in a Bloomberg television interview with Linzie Janis.