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."
May 10, 2013 - IRS Opens Tax Cases Based on Trove of Offshore Account Data
The U.S. Internal Revenue Service has opened cases and begun investigations based on what it calls a “substantial amount” of information it has received on offshore companies and trusts.
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.
April 25, 2013 - Clock ticks on Swiss banking secrecy
Swiss Finance Minister Eveline Widmer-Schlumpf defended Switzerland’s so-called clean money strategy, outlining the measures taken by the government to fight tax evasion.
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
April 10, 2013 - Fatca en route for Swiss banks, as agreement adopted by Be
“Both the Fatca agreement between Switzerland and the United States that was signed on 14 February 2013 and its legal implementation were widely accepted during
April 10, 2013 - Julius Baer Chairman Sees ‘Painful Adjustments’ Over Tax
“The ongoing refocusing of the Swiss financial center on henceforth managing only taxed assets is a logical consequence, which is fully supported by Julius Baer
April 10, 2013 - Swiss banks eager to root out undeclared funds
Tax evasion has become "a real problem for Swiss banks, because it is damaging their reputation" an analyst with a large Zurich-based bank told AFP, requesting
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 5, 2013 - Tax haven data leak names names, raises questions about fut
The leak allegedly involved records from 10 tax havens, where the world’s wealthy have long stashed funds.
April 4, 2013 - Leaks reveal secrets of the rich who hide cash offshore
Offshore financial industry leak exposes identities of 1,000s of holders of anonymous wealth from around the world
April 2, 2013 - Baer says Merrill Lynch unit integration on track
Baer closed its purchase of Merrill Lynch's wealth management business outside of the United States and Japan in February, with the aim of expanding in fast-growing emerging markets
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.
April 1, 2013 - Swiss Strive for U.S. Tax Deal, No Update on Time, Official
Switzerland is in talks with the U.S. to end an investigation into Swiss banks suspected of helping wealthy Americans hide assets and cheat on taxes.