October 6, 2015 - Ex-UBS banker avoids prison in US tax probe
Former Swiss UBS banker Hansruedi Schumacher, who pleaded guilty to helping Americans hide their money from US tax authorities, has received a five-year suspend
October 1, 2015 - IRS Is Providing More on Account Holders to Foreign Countries
In order to improve tax compliance and implement FATCA, the U.S. has entered into intergovernmental agreements, or IGA, that essentially require treaty partners
September 29, 2015 - US seeks probation for Ex-UBS banker in tax evasion case
Prosecutors asked a judge to order five years' probation and a $150,000 fine for Hansruedi Schumacher in a sentencing memo filed Monday. Schumacher pleaded guil
September 29, 2015 - Tax office asks Swiss banks about Dutch savers
‘The Dutch have requested information about everyone domiciled in the Netherlands who had an account at UBS Switzerland between February 1, 2013 and December 31
September 29, 2015 - The Netherlands request info on Dutch-held accounts in Swiss bank UBS
Swiss tax authorities received a request from their Dutch counterparts in July for access to information about all accounts in Switzerland's largest bank, UBS,
September 29, 2015 - Swiss Bank Settlement List - Updated
The Swiss Bank Program, which was announced on August 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.
September 29, 2015 - Migros, Graubünden banks pay US settlement fines
Two more banks have reached settlements with United States authorities over tax evasion. The Migros Bank and the Cantonal Bank of Graubünden are the latest to p
September 29, 2015 - IRS Targets Secret Offshore Bank Accounts
A federal court in Miami has issued summonses against Belize Bank International and Belize Bank aiming to identify accounts controlled by US taxpayers from 2006
September 21, 2015 - U.S. Targets Tax Evaders Using Belize Accounts
This week, Judge Ursula Ungaro of the U.S. District Court for the Southern District of Florida in Miami authorized the Internal Revenue Service to serve “John D
September 21, 2015 - Hunt for Tax Cheats Leads U.S. Government to Banks in Belize
On Wednesday, a federal judge in Miami authorized the IRS to serve a so-called “John Doe” summons on two U.S. banks for correspondent account information relate
September 15, 2015 - Bank La Roche & Co AG Reaches Resolution under Justice Department's Swiss Bank Program
The Department of Justice announced today that Bank La Roche & Co AG has reached a resolution under the department’s Swiss Bank Program.
September 10, 2015 - Valiant Bank AG Reaches Resolution under Justice Department's Swiss Bank Program
“Offshore enforcement remains a top priority of the department, and banks seeking to avoid prosecution pursuant to the terms of the Swiss Bank Program continue
August 21, 2015 - Taking the IRS to Court
The plaintiffs charge that by recording details of their financial holdings and transactions, rather than merely scrutinizing interest income via the standard 1
August 20, 2015 - Two Swiss Banks Reach Resolutions under Justice Department's Swiss Bank Program
The Department of Justice announced today that bank zweiplus ag (Bank Zweiplus) and Banca dello Stato del Cantone Ticino (Banca Stato) have reached resolutions
August 11, 2015 - Israeli judge with suspected Swiss account resigns
Haifa District Court Judge Moshe Gilad will resign his position following suspicions of tax violations related to the discovering of a secret bank account held