November 2, 2008 - IRS, Justice Target Undisclosed Assets In Swiss Accounts
Robbins thinks the government is gearing up to prosecute large numbers of Americans for failing to disclose foreign accounts...
October 28, 2008 - UBS US Offshore Clients Hold CHF16.65B In Assets - Report
Assets of U.S. based clients of UBS AG (Swiss) have been asked to transfer their holdings to a unit regulated in the U.S.
October 1, 2008 - Swiss Said to Be Sharing Client Data in Tax Case
Switzerland’s tax authorities are expected to hand over confidential data on wealthy American clients of UBS to the Justice Department
September 17, 2008 - Billionaire Olenicoff Sues UBS
UBS deceived him about the legality of keeping $200 million in unreported offshore accounts... and reported him as a "tax evader" to the IRS.
August 25, 2008 - Switzerland Asked U.S. Not to Push UBS for Swiss Client Data
Swiss State Secretary Michael Ambuehl told his U.S. counterparts that any request for client data must be decided by the government
August 14, 2008 - As Early as 2005, UBS Executives Were Told of Possible Offshore Violations
Four letters indicate that top UBS executives were first alerted to potential problems by June 2005
August 4, 2008 - Congress and IRS increasing scrutiny of off-shore bank accounts
The Senate is considering new bills that would give the IRS expanded authority to identify American citizens with off-shore bank accounts...
July 30, 2008 - Beginning of the end for Swiss banking secrecy
The Swiss banking industry finds itself at a crossroads.
July 28, 2008 PayPal Sharing Customer Information With Government
The US government has demanded records in reference to offshore transfers, and PayPal will be fully cooperating.
July 24, 2008 Senate: UBS Aided Tax Cheats
GENEVA - A U.S. Senate subcommittee urged the establishment of tougher laws to combat offshore tax havens around the world.
July 18, 2008 - UBS to shut down Swiss-based services for its U.S. clients
UBS will no longer provide offshore banking or securities services to U.S. residents.
July 17, 2008 - UBS Statement of Mark Branson before the permanent Subcommittee of Investigation
UBS is working with the US Government to identify the names of clients who may have engaged in tax fraud.
July 17, 2008 - Senate: UBS, Liechtenstein aided US tax cheats
A U.S. Senate subcommittee urged the establishment of tougher laws to combat offshore tax havens around the world.
July 17, 2008 - UBS exec admits bank’s sham tax shelters broke U.S. law
Bank, U.S. authorities to examine 19,000 accounts for tax fraud, CFO of wealth management unit tells Senate panel
July 17, 2008 - IRS seeks Swiss help in UBS probe
The IRS has asked the Swiss government to help in an expanding investigation of alleged tax evasion by U.S. clients of banking giant UBS AG.