March 7, 2012 - U.S. eases pressure on Switzerland over taxes for now
The United States welcomes the Swiss parliament's backing of a proposal to help U.S. authorities crack down on wealthy Americans who evade taxes and will not put any further pressure on Switzerland at present, the U.S. ambassador to that country said on Tuesday.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment, Aiding Ta
“What we are deciding on is not any kind of fishing expedition,” Finance Minister Eveline Widmer-Schlumpf told the house before the vote. “There must be clear evidence of wrongdoing by the client” and by the banks involved, she said.
Feb 29, 2012 -Swiss lawmakers set for tax plan vote
Swiss lawmakers are set to back a tax proposal with the United States on Wednesday in a move which could pave the way for Switzerland to settle a U.S. probe into Swiss banks and hidden offshore accounts.
Feb 29, 2012 -Swiss lawmakers set for tax plan vote
Swiss lawmakers are set to back a tax proposal with the United States on Wednesday in a move which could pave the way for Switzerland to settle a U.S. probe into Swiss banks and hidden offshore accounts.
February 6, 2012 - Julius Baer eyes happy ending to U.S. probe
"We've taken an early, proactive approach with the U.S., taken measures including the US exit in 2009 at our own decision, and have an ongoing constructive dialogue," Julius Baer Chief Executive Boris Collardi told journalists
February 6, 2012 - Baer Expects Fine to Resolve U.S. Tax Matters as Net Dro
Baer expects to hand over client data to U.S. authorities as part of a final settlement, said Collardi, adding that the firm accepted customers from “larger banks” in 2008. That didn’t involve “active targeting” and Baer no longer takes that type of client, Collardi said in a Bloomberg television interview with Linzie Janis.
February 1, 2012 - Swiss to submit bank data in US tax probe
“It is not data about clients but about (Swiss) bank activity in the US,” said a finance spokesman in an email to AFP.
January 31, 2012 - Swiss banks hand over encrypted data in US tax row
Switzerland has handed U.S. authorities encrypted data on bank employees who served American clients suspected of dodging taxes, and will only provide the key to decipher them once a tax row is settled, the finance ministry said on Monday.
January 30, 2012 - Swiss press to settle tax pact with US
'I don't know whether other banks are in a similar or same situation . . . but what I know is that various banks are being threatened by the United States with prosecution, and we will try to do everything . . . to come to a solution,' Ms Widmer-Schlumpf said.
January 30, 2012 - Wegelin clients pulled $4 bln, prompting sale-paper
"The end of the bank Wegelin is only the prelude to a big attack on the Swiss financial sector," he told Der Sonntag. "A solution to the tax dispute will likely be very expensive for these banks."
January 29, 2012 -Swiss Bank Wegelin Agrees to Sale Amid U.S. Tax Crackdown
Switzerland and the U.S. aim to conclude talks on the tax matters by the end of the year, Swiss Finance Minister Eveline Widmer-Schlumpf told reporters yesterday in Davos, after a meeting with her U.S. counterpart, Timothy Geithner.
January 27, 2012 - Swiss finmin hopes U.S. tax row solved this year
Switzerland has made progress in Davos at solving a dispute with the United States over untaxed money stashed in secret Swiss bank accounts and hopes for a deal this year, its finance minister said on Thursday.
January 3, 2011 - MANHATTAN U.S. ATTORNEY CHARGES THREE SWISS BANKERS WITH
Criminal Investigation Division ("IRS-CID"), announced the indictment today
of three Swiss bankers, MICHAEL BERLINKA, URS FREI, and ROGER KELLER, for
conspiring with U.S. taxpayers and others to hide more than $1.2 billion in assets from the IRS.
December 29, 2011 - Ambassadors say US, Swiss tax agreement talks moving ah
The Swiss ambassador to the US and American one to Switzerland have both said in recent days that they hope and expect an agreement to be reached in the near future as the result of discussions between the two governments over US investigations into 11 Swiss banks.
December 21, 2011 - Switzerland and U.S. close to tax agreement-report
Switzerland and the United States are “practically close” to accomplishment an agreement to end a long-in succession dispute over wealthy Americans using secret Swiss accounts to dodge taxes, the Swiss ambassador to the United States told website swissinfo on Tuesday