May 23, 2013 - Somerset man avoids prison by cooperating in federal HSBC ta
A New Jersey businessman who cooperated with prosecutors avoided prison after admitting he conspired with five HSBC Holdings bankers to hide his Indian bank accounts from U.S. tax authorities.
May 22, 2013 - Somerset man avoids prison by cooperating in federal HSBC ta
A New Jersey businessman who cooperated with prosecutors avoided prison after admitting he conspired with five HSBC Holdings bankers to hide his Indian bank accounts from U.S. tax authorities.
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 accused of helping wealthy Americans ev
April 8, 2013 - “Offshore leaks”, Swiss version, points finger at 200-300 S
The Offshore Leaks project involves 86 journalists from 46 countries who have been combing through the massive number of documents.
April 8, 2013 - Secret Files Expose Offshore's Global Impact
Dozens of journalists sifted through millions of leaked records and thousands of names to produce ICIJ’s investigation into offshore secrecy
April 1, 2013 - HSBC client used offshore account to evade taxes
A New Jersey client of HSBC Holdings plc pleaded guilty to evading taxes on US$1.2 million (RM3.72 million) in income and using an account in India to hide some of his money.
April 1, 2013 - U.S. asks Liechtenstein for data in Swiss banking probe
The U.S. move represents a new line of attack in a long-running investigation into more than a dozen Swiss banks, including Credit Suisse and Julius Baer, alleged to have aided U.S. tax dodgers with hidden Swiss bank accounts.
March 13, 2013 - U.S. Tax Cheats Nailed After Swiss Adviser Mails It In
Singenberger inadvertently mailed a list of his U.S. clients, including their names and incriminating details, which somehow wound up in the hands of federal authorities.
March 7, 2013 - Offshore Tax Probe Picks Up
That is the message from the U.S. government to Americans who evaded federal taxes by stashing money in secret offshore accounts, say lawyers who represent some of those people.
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.
February 12, 2013 - Judge Raps ‘Tax Cheats’ Suing UBS
the judge said, “The plaintiffs are tax cheats, and it is very odd, to say the least, for tax cheats to seek to recover” penalties and interest from the bank that provided the income they concealed from the Internal Revenue Service.
February 12, 2013 - UBS wins end to 'travesty' of lawsuit over tax evasion
Judge says "odd" for "tax cheats" to seek recovery
January 31, 2013 - U.S. Is Preparing More Tax-Evasion Cases
A UBS spokesman said that the request doesn't involve UBS clients or data from Switzerland.
January 30, 2013 - UBS Ordered to Provide IRS with Info on Other Swiss Bank
The judge’s order would enable U.S. authorities to determine the identity of the U.S. taxpayers who hold or held interests in financial accounts at Wegelin and other Swiss financial institutions that used Wegelin’s UBS account.