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 15, 2013 - Finance Ministers Pledge Action on Tax Evasion
The finance ministers of the U.K., France, Germany, Italy and Spain have pushed the issue of bank secrecy to the top of the EU economic agenda as governments st
April 15, 2013 - Bank Leumi, Mizrahi said to aid US client in tax crime
Orit Reuveni, a spokesman for Leumi, didn’t immediately return an email after regular business hours in Israel seeking comment on the case. A spokesman for Mizr
April 15, 2013 - Bank Leumi, Mizrahi Accounts Used for Back-to-Back Loans
A Los Angeles businesswoman charged with conspiring to defraud the Internal Revenue Service used accounts at two Israeli banks, Bank Leumi Le-Israel Ltd. (LUMI)
April 11, 2013 - Taxpayers Who Lost Offshore Account Amnesty Promised Fair
The Department of Justice will consider “fairness” before deciding whether to prosecute taxpayers kicked out of the Internal Revenue Service’s criminal amnesty/
March 11, 2013 - IRS Pulls Amnesty Protection on Some Secret Accounts
In a move that has kicked up a storm of controversy, the Internal Revenue Service has apparently sent letters to clients of two Israeli banks who confessed to having secret offshore accounts.
March 8, 2013 - U.S. IRS boots Israeli bank clients from amnesty program
The U.S. Internal Revenue Service has revoked access to an amnesty program for some U.S. taxpayers with accounts at Israeli banks who were already taking part in it
March 8, 2013 - IRS Yanks Criminal Amnesty Deal From Taxpayers With Secret
The faxes, signed by John R. Tafur, director of of Global Financial Crimes at the IRS’ Criminal Investigation division, affect dozens of American taxpayers who had undisclosed accounts at Bank Leumi le-Israel Ltd., Israel’s largest bank, said Robert E. McKenzie,
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.
March 5, 2013 - Leumi sees loss from tax probe
Bank Leumi said on Monday that it would be setting aside NIS 340 million for the fourth-quarter of 2012 against potential costs from a U.S. tax probe
February 19, 2013 - Leumi and Tefahot implicated in Los Angeles tax evasion
A former Israeli businessman... has admitted that he was assisted by two Israeli banks to evade paying taxes in the United States
February 19, 2013 - Israeli Banks Said to Be Implicated in U.S. Tax Evasion
A California man born in Israel agreed to plead guilty to conspiring with people at Bank Leumi Le-Israel Ltd. and Mizrahi Tefahot Bank Ltd.
February 19, 2013 - Two Israeli Banks Said to Be Implicated in U.S. Tax Inq
The charging document and plea agreement didn’t identify the banks. Bank A is Mizrahi, according to a person who wasn’t authorized to speak publicly about the case. Bank B is Leumi, according to a second person, who similarly asked not to be identified.