June 14, 2013 -- ‘American dictate’: Swiss Parliament split on banking secr
The Swiss parliament has only a week left to vote on a bill which would end years of banking secrecy and allow Americans access to tracking account information.
May 29, 2013 - Credit Suisse Warns of U.S. Tax Spat Escalation if Talks Fai
"Should the efforts to settle fail after nearly three years of intense negotiating, it could lead to an escalation of the fight. I can only warn of this," Rohner said.
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 28, 2013 - For Baer, IRS Request May Be Minor Distraction
Swiss officials are expected to disclose a planned deal with the U.S. on lingering tax issues likely to entail some stiff penalties for banks including Julius Baer Credit Suisse CSGN.VX +2.21% and many others.
May 28, 2013 - Julius Baer Gets Request for Data on U.S. Clients
The Julius Baer spokeswoman declined to specify how many clients would be affected by the request, which covers 2002 through 2012.
May 28, 2013 - Switzerland orders Julius Baer to hand over U.S. client data
Julius Baer said on Tuesday it was working to provide the data, which will be handed over under the terms of an existing Swiss-U.S. double taxation treaty, but declined to comment on how many clients were involved.
May 20, 2013 -- Switzerland close to deal in U.S. tax dispute: finance mini
"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."
May 10, 2013 - Canada left out of tax probe into leaked offshore data
The U.S., Britain and Australia announced Thursday they've launched what could be the biggest ever international investigation into tax cheats, using what is believed to be largely the same massive leak of offshore financial records revealed last month by the CBC and other global media outlets.
May 8, 2013 - Senator Paul offers bill to weaken U.S. anti-tax evasion law
U.S. Senator Rand Paul introduced a bill late on Tuesday that would repeal parts of a 2010 law designed to fight offshore tax evasion by Americans with assets hidden in foreign banks.
May 6, 2013 -Swiss Bank UBS: Clients Must Tell Tax Authorities About Assets
UBS's new policy is directed specifically at clients who may want to bring money from traditional offshore havens such as Singapore and Liechtenstein, where authorities have recently begun cracking down on undeclared assets held in local banks.
April 25, 2013 - Clock ticks on Swiss banking secrecy
Minister Eveline Widmer-Schlumpf defended Switzerland’s so-called clean money strategy, outlining the measures taken by the government to fight tax evasion.
April 23, 2013 - Florida, Texas bankers sue over reporting rules
The Florida Bankers Association and the Texas Bankers Association filed suit against the U.S. Treasury and the Internal Revenue Service over rules that require banks to report interest paid on nonresident alien deposits.
April 22, 2013 - German prosecutors probe Credit Suisse tax evasion
Zurich-based Credit Suisse spokesman Marc Dosch said: "We have been advising German clients for a long time they should review their tax situation and resolve any issues where necessary.
April 17, 2013 - Authorities charge Swiss banker, attorney in tax probe
Buck's bank saw an increase of 300 percent in U.S. taxpayers as clients between the time of UBS's settlement and Wegelin's indictment in February 2012.
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 a