May 30, 2013 - Switzerland frees banks to settle U.S. tax evasion cases
Switzerland aims to save its banks from heavier punishment in the United States for helping wealthy tax cheats by sidestepping its own famed secrecy laws to let bankers disclose data to U.S. prosecutors.
May 29, 2013 - Switzerland frees banks to settle U.S. tax evasion cases
But the new proposal, valid for a year only, would allow them to hand over so much information on customers' behavior that U.S. officials should be able to identify Americans who have used Swiss bank accounts to evade their taxes.
May 20, 2013 - Switzerland close to deal in U.S. tax dispute: finance minis
"We hope that we will shortly be at the finishing line," Eveline Widmer-Schlumpf told Swiss radio in an interview. "The banks won't get it for nothing."
April 17, 2013 - Switzerland considering solution to U.S. tax dispute
The Swiss government is considering a possible solution to a long-running dispute with U.S. authorities over Swiss banks
April 1, 2013 - Swiss Strive for U.S. Tax Deal, No Update on Time, Official
“It is crucial for us to find a solution with the United States for all Swiss banks,” Michael Ambuehl, head of the State Secretariat for International Financial Matters,
March 27, 2013 - Switzerland denies banking deal in principle reached with
The Swiss government on Sunday denied a newspaper report that the country had reached a deal in principle with the US over undeclared funds hidden by wealthy Americans in Swiss offshore bank accounts.
March 4, 2013 - Switzerland and the United States Sign Bilateral Intergover
“Today’s announcement marks a significant step forward in our efforts to work collaboratively to combat offshore tax evasion,” said Acting Secretary of the Treasury Neal S. Wolin.
February 15, 2013 - Switzerland, US Sign FATCA Accord
The FATCA agreement negotiated with Switzerland allows Swiss financial institutions to exchange information with the IRS.
February 15, 2013 - Switzerland, U.S. sign pact on fighting tax evasion
the U.S. Treasury Department said on Thursday that Switzerland and the United States have signed a pact to make Swiss banks disclose information about U.S. account-holders.
December 17, 2012 - FATCA agreement between Switzerland and United States –
The agreement ensures that accounts held by US persons at Swiss financial institutions are reported either with the consent of the account holder or by administrative assistance channels through group requests.
December 5, 2012 - Switzerland initials pact on US tax evasion law
The Swiss government has initialed an agreement with the United States which helps American authorities crack down on wealthy citizens evading taxes in their home country.
November 12, 2012 - Swiss seek progress on U.S. tax deal: economy minister
Switzerland hopes to restart talks with the U.S. over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday.
August 13, 2012 - Apologetic Swiss banks sweat it out as U.S., Europe mull
Both Widmer-Schlumpf and chief negotiator Michael Ambuehl have dampened expectations for a U.S. deal by November, stoked as recently as last month by the finance minister herself.
August 7, 2012 - US-Swiss negotiations upset by constant demands for client
In the words of Swiss Finance Minister Eveline Widmer-Schlumpf, Switzerland wants to get ‘a line drawn under the past’.
August 7, 2012 - Swiss Brace for Talks with US on Secret Accounts
"Constant new demands" made by U.S. justice officials are the main stumbling block, said Widmer-Schlumpf,