May 1, 2012 - Roger Federer, Swiss Banking Will Both Come Back
It’s our strong belief that what you do with your legally gained money should be nobody’s business but your own.
April 23, 2012 - UBS CEO calls attacks on Swiss tax "economic war"
In an attempt to display their cooperation, several Swiss banks - including Credit Suisse, Julius Baer, Zuercher Kantonalbank and Baseler Kantonalbank - have handed over documents on their U.S. offshore business, including names of employees, NZZ am Sonntag reported, citing unnamed sources.
March 23, 2012 - Swiss Banks Adjusting to Radical New Regulations
Although neither Washington nor Bern has disclosed the full list of banks in the IRS crosshairs, they also include Julius Baer Group and Zürcher Kantonalbank.
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 - Parliament votes for Swiss-US tax treaty amendment
The lower house of the Swiss parliament Monday 5 March voted strongly in favor of an amended US-Swiss tax treaty, 116-52, thus backing a vote by the upper house in December 2011.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment
Switzerland’s lower house approved an amendment to a double-taxation agreement with the U.S., allowing so-called group requests in cases of suspected tax evasion or tax fraud.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment
Switzerland’s lower house approved an amendment to a double-taxation agreement with the U.S., allowing so-called group requests in cases of suspected tax evasion or tax fraud. The amendment to the 2009 tax treaty will enable U.S. authorities to obtain data on groups of American clients holding Swiss bank accounts without knowing their identities.
March 6, 2012 - Swiss parliament backs tax amendment
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 23, 2012 - Swiss demand banks help clean up tax-haven image
Switzerland has been lobbying for a year to end investigations by U.S. tax authorities into 11 banks, including Credit Suisse (CSGN.VX) and Zuercher Kantonalbank (ZKB), in return for the payment of hefty fines and the transfer of names of thousands of U.S. bank clients.
Feb 22, 2012 - Banking secrecy remains secure at home
Switzerland’s tax dispute with foreign countries would disappear overnight were it to lift banking secrecy completely rather than gradually.
Feb 22, 2012 - Banksters' paradise? Switzerland to unveil clean money plan
Under a 'clean money' strategy, which finance minister Eveline Widmer-Schlumpf is expected to present to the cabinet on Wednesday, banks will be obliged to get foreign clients to declare they are compliant with their home tax regimes.
Feb 16, 2012 - Oldest Swiss private bank is newest U.S. target
The U.S. Justice Department has since expanded its criminal investigation to 11 Swiss banks, including Wegelin, Credit Suisse and Basler Kantonalbank, and Swiss officials are seeking a settlement for the entire Swiss banking industry - more than 300 banks.
Feb 13, 2012 - UBS denies helping US in tax probes of other banks
Documents relating to the closing out of accounts were only available in a fraction of the roughly 4,700 cases," UBS said, adding that either clients still held accounts with UBS at the time or they had given information directly to U.S. officials or asked UBS to do so.
Feb 13, 2012 - UBS 'ordered' to give data on rivals in US tax probe
In a statement, UBS said it had been ordered to hand over to Swiss financial regulator Finma client data including, in some cases, instructions relating to the closure of accounts