November 2, 2012 - Israeli banks demanding to see U.S. citizens' tax returns
In a move that some tax lawyers are calling a blatant violation of customer privacy, two Israeli banks are requiring current and prospective account holders wit
November 1, 2012 - Greek Whistleblower: Billions in Secret Offshore Bank Accounts
Some of the names on his list include:
October 29, 2012 - List of Swiss Accounts Turns Up the Heat in Greece
The 2,059 people on the list are said to have had accounts in a Geneva branch of HSBC.
October 25, 2012 - IRS Modifies FATCA Timelines
The IRS said Wednesday that institutions will have until Jan. 1, 2017 to start withholding taxes from U.S. taxpayers' investment gains and until Jan. 1, 2014, t
October 25, 2012 - IRS delays key start dates for global tax evasion law
Tax authorities on Wednesday postponed implementation of new rules to force banks and financial institutions to disclose more information about U.S. clients' of
October 24, 2012 - IRS Commissioner Shulman to Step Down
Steven Miller, a deputy commissioner and a twenty-five-year IRS veteran, will serve as acting commissioner until a permanent successor is nominated by the presi
October 24, 2012 - UBS Plans 400 Job Cuts as Early as Wednesday
UBS has been grappling with a downturn in business for its investment banking division. The entire bank employs about 65,000 people.
October 22, 2012 - Credit Suisse, UBS could cut a total 7,000 jobs: paper
UBS is to cut 3,000-5,000 jobs as part of cost-saving measures to offset falling profit, while rival Swiss bank Credit Suisse may announce 1,000-2,000 cuts, Der
October 22, 2012 - Wary Swiss Banks Shun Yanks
In Switzerland, banks are scouring their client lists and dividing clients into Americans, possible Americans and those who aren't,
October 18, 2012 - Former Swiss banker pleads not guilty to new U.S. tax charges
A former Swiss private banker pleaded not guilty in a U.S. federal court on Wednesday to new charges that he helped wealthy U.S. clients evade taxes when he wor
October 18, 2012 - UBS Whistle-Blower’s Ex-Lawyers Seek Share of IRS Award
He agreed in October 2007 to pay the law firm 12.5 percent of any IRS whistle-blower award, according to court documents.
October 18, 2012 - Ex-UBS, Credit Suisse Banker Bagios Set to Change Plea
He was charged yesterday in federal court in Fort Lauderdale, Florida, in a document known as a criminal information, which typically precedes a guilty plea.
October 15, 2012 - Singapore and Germany agree deal to tackle tax evasion
Singapore and Germany have agreed to increase the level of information they exchange in a bid to crack down on tax dodgers.
October 15, 2012 - UBS could shed 10,000 jobs: report
The company could announce the layoffs when it presents its quarterly results on October 30th, the newspaper said.
October 15, 2012 - UBS CFO Says 550 Fired After $2.3 Billion Trading Loss
Tom Naratil, chief financial officer of UBS AG (UBSN), said the Swiss bank fired as many as 550 employees after it suffered a $2.3 billion loss from unauthorize