April 25, 2012 - Wegelin & Co. Must Forfeit $16 Million, U.S. Judge Rules
Judge entered a default judgment against Wegelin, allowing the government to take the money in Wegelin’s correspondent account in the U.S., held at UBS AG in St
April 24, 2012 - US tax talks could boost financial firms here
TALKS that have just kicked off between the US and Irish tax authorities could ultimately lead to tens of millions in savings for Irish financial companies and
April 24, 2012 - Ireland joins EU Fatca talks
The Irish tax authority has officially entered the debate on US Foreign Account Tax Compliance Act (Fatca) with the US Treasury, according to a spokesperson for
April 23, 2012 - UBS head calls tax flap 'economic war' for Switzerland
U.S. authorities in particular have dealt Switzerland and its banks several serious blows over the past few years, resulting in several significant concessions
April 23, 2012 - UBS CEO calls attacks on Swiss tax "economic war"
"Switzerland has been attacked since 2008. We are in the middle of an economic war," Ermotti told the SonntagsZeitung in an interview. "The goal is to weaken th
April 23, 2012 - UBS head calls tax flap 'economic war'
Switzerland's tax disputes with the United States and some European nations are "an economic war" putting 20,000 jobs at risk, the CEO of Swiss banking giant UB
April 23, 2012 - Swiss President: Discussed US-Swiss Tax Transparency With Geithner
"We will look into all options available to us," she told reporters. "U.S. taxpayer money in our banks should be identifiable ... we cannot give details until t
April 20, 2012 - Coalition justifies Austrian-Swiss tax treaty
People’s Party (ÖVP) Finance Minister Maria Fekter agreed with her Swiss counterpart, Eveline Widmer-Schlumpf, about charging a tax of 15 to 38 per cent on Aust
April 20, 2012 - British win more favourable tax deal terms
Switzerland has decided to give in to demands by Britain to modify a planned bilateral tax treaty, after continued opposition to the accord.
April 20, 2012 - Switzerland and Austria sign withholding tax agreement
Today in Bern, President Eveline Widmer-Schlumpf and Austria's Federal Minister of Finance, Maria Fekter, signed a withholding tax agreement. It follows the sam
April 19, 2012 - Top U.S., Swiss officials to discuss tax secrecy - sources
Switzerland's finance minister is expected to meet with the head of the U.S. Department of Justice in coming days to try to solve a row over untaxed money in se
April 20, 2012 - Britain gets better Swiss tax deal terms
Switzerland has revised a tax pact agreed with Britain last year and will offer it a higher rate of withholding tax, after Germany earlier this month succeeded
April 19, 2012 - Parliamentary immunity goes on trial
Two parliamentary committees must rule on whether parliamentarian and former justice minister Christoph Blocher, accused of violating banking secrecy, has immun
April 19, 2012 - Swiss central bank tightens staff rules, selects new chairman
Zurich media rumours fed by newspaper NZZ have had it for the past two weeks that Thomas Jordan, acting chairman, will be given the job as a permanent post.
April 18, 2012 - London chases holders of Swiss accounts
British tax authorities are using a CD of data stolen from a Geneva branch of bank HSBC to track down taxpayers who have hidden money in Switzerland.