April 4, 2016 - A storm is coming
The names of many Icelandic public officials show up in the internal documents of Mossack Fonseca (Mossfon), the Panamanian offshore provider. Among them are Pr
April 4, 2016 - About the Panama Papers
an anonymous source contacted the Süddeutsche Zeitung (SZ) and submitted encrypted internal documents from Mossack Fonseca, a Panamanian law firm that sells ano
March 28, 2016 - Swiss Banks Land in Middle of Money-Laundering Probe -- Ag
Among the banks are UBS AG, EFG Bank AG and CBH Compagnie Bancaire Helvetique SA, said a person briefed on the matter. Spokespeople for the banks declined to co
March 28, 2016 - Dutch given details on 'hundreds' of taxpayers' Swiss accounts
The Dutch authorities got information on "hundreds" of their taxpayers' accounts at Swiss bank UBS before a court ruling in Switzerland this week put a hold on
March 28, 2016 - Dutch citizens facing Swiss bank account probe
The Dutch finance ministry - backed by the Swiss Federal Tax Administration – says it is still entitled to use the information, including names and account bala
March 21, 2016 - UBS Turns To Human Rights Court To Challenge French Case
UBS Group AG, fighting a French tax evasion investigation, has turned to a court that is more often a refuge for people wrongfully incarcerated or denied religi
March 18, 2016 - UBS INVESTMENT BANK CHIEF: 'There is a severe dislocation and change in the industry'
"I tell the team here that it is like a Formula One race," Orcel said. "When we're in the dry, and everyone has the same tires, and it is a circular track, the
March 17, 2016 - Netherlands requests Dutch citizens’ Swiss bank data
“If you have savings, whether in Switzerland or the Netherlands, you have to pay taxes on them,” she said. “There was no possibility of checking in Switzerland
March 16, 2016 - IRS Says Foreign Bank Account Filings Climbed Last Year
“Taxpayers here and abroad need to take their offshore tax and filing obligations seriously," said IRS Commissioner John Koskinen in a statement. “Improving off
March 16, 2016 - How Other Countries Are Joining the U.S.'s Fight Against Offshore Tax Evasion
GATCA is much broader in scope than FATCA because instead of focusing on the citizens of one country (namely, the U.S.), it targets tax residents of over 100 co
March 10, 2016 - The Clintons and the sordid UBS affair
In March 2009, after meeting with Swiss Foreign Minister Micheline Calmy-Rey, then Secretary of State Hillary Clinton intervened with the U.S. Internal Revenue
March 10, 2016 - Two Cayman Island Financial Institutions Plead Guilty in Manhattan Federal Court to Conspiring to Hide More
CNS and CNT pleaded guilty to a criminal Information charging them with conspiring with many of their U.S. taxpayer-clients to hide more than $130 million in of
March 9, 2016 - US requests UBS disclose records on Singapore account
The IRS's latest attempt goes one step further. It has petitioned a Miami federal court to enforce the so-called 'third party recordkeeper' summons against UBS,
March 7, 2016 - Further suspicions land on French UBS
On Friday Belgium charged UBS with "serious and organised" fiscal fraud for encouraging clients to cheat on their taxes, as well as being involved in money laun
March 7, 2016 -
In the case of US v. UBS, 16-mc-20653, US District Court, Southern District of Florida (Miami), the IRS is trying to compel UBS Bank turn over records on an acc