June 11, 2012 - Swiss minister sees U.S. tax deal by Nov: paper
U.S. officials seem to want an end to a dispute over wealthy Americans with hidden Swiss offshore bank accounts before the U.S. presidential election in November
June 11, 2012 - Swiss finance minister hints at agreement with US over bank
"My impression at the moment is that the US wants a solution by the elections. Both sides endeavour to find a solution in the foreseeable future," Widmer-Schlumpf said.
June 7, 2012 - U.S. hopes Swiss tax talks over by election -envoy
The United States hopes to settle its dispute with Switzerland over unpaid taxes on money held in Swiss bank accounts by the U.S. presidential election in November, U.S. Ambassador to Switzerland Donald S. Beyer said on Wednesday.
May 31, 2012 - Downing Said to Resign From Justice Department Tax Post
Kevin Downing, the Justice Department prosecutor who directed the U.S. crackdown on offshore tax evasion, resigned effective June 4, according to a person familiar with the matter.
May 31, 2012 - Prosecutor in Swiss bank cases resigns: source
Kevin Downing, 46, who has led agency criminal probes of the Swiss banking industry, and earlier of banks and accounting firms, is leaving to join a law firm, the source said.
April 27, 2012 - IRS ramps up audits of taxpayers in Israel
Americans filing their tax returns from Israel are being audited by the U.S. Internal Revenue Service with a frequency that industry professionals have never seen before, according to several certified public accountants.
April 10, 2012 - Bank of Israel wants to negotiate tax deal on U.S. citizen
Bank Leumi has already told its American clients that they must declare by the end of April that they have reported their bank accounts to the U.S. tax authorities.
April 6, 2012 - US investigating Leumi customers for tax evasion
Three US citizens, Iranian-born Jews residing in Los Angeles, opened a bank account and transferred money to Bank Leumi's main branch in Tel Aviv.
March 29, 2012 - Leumi orders American clients to declare U.S. knows of the
Bank Leumi has told its American clients that they must submit a declaration by the end of April that they've reported their bank accounts to the U.S. tax authorities. The letter warned that their accounts would be frozen at the beginning of May if they fail to do so.
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 - Parliament votes for Swiss-US tax treaty amendment
The lower house of the Swiss parliament Monday 5 March voted strongly in favor of an amended US-Swiss tax treaty, 116-52, thus backing a vote by the upper house in December 2011.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment
Switzerland’s lower house approved an amendment to a double-taxation agreement with the U.S., allowing so-called group requests in cases of suspected tax evasion or tax fraud.
March 6, 2012 - Swiss Lawmakers Approve U.S.Tax-Treaty Amendment
Switzerland’s lower house approved an amendment to a double-taxation agreement with the U.S., allowing so-called group requests in cases of suspected tax evasion or tax fraud. The amendment to the 2009 tax treaty will enable U.S. authorities to obtain data on groups of American clients holding Swiss bank accounts without knowing their identities.
March 6, 2012 - Swiss parliament backs tax amendment
January 3, 2011 - 14,000 credit cards affected in cyber attack
Leumi Card reported that 4,000 of its customers' credit card details were posted. The company has restricted the affected cards' Internet capabilities and was set to contact cardholders on Tuesday.