September 7, 2009 - U.K., Switzerland to share tax information
"The days when hiding money offshore represented a viable means of evading U.K. tax are rapidly drawing to a close," said Stephen Timms, financial secretary to
September 6, 2009 - Swiss size up hole in banking secrecy
“I think the future of Swiss banking secrecy will depend very much on the content of those treaties and the practice of delivering those treaties”, Ammann indic
September 6, 2009 - Crackdown on tax cheats heralds bank transparency
"Singapore's recent endorsement of OECD standards... will undoubtedly create greater acceptance of Singapore as a wealth management centre from governments of o
September 6, 2009 - Foreign-account holders may face double trouble
Not all are aware that non-bank offshore assets must be reported to Treasury as well as IRS...
September 4, 2009 - WEALTH ADVISER: Swiss Banks Say They're Adapting To New Reality
Boris Collardi, who runs Bank Julius Baer, believes banking secrecy for tax advantages is fast becoming a thing of the past....
September 3, 2009 - UBS Is Better Bet Than Credit Suisse, Banque Syz Manager Says
UBS AG is a better bet than European rivals... ater Switzerland’s largest bank by assets settled a tax dispute with the U.S. last month
September 4, 2009 - Parliament satisfied with UBS action
UBS Chief executive Oswald Grübel told the House of Representatives finance commission on Friday that UBS's situation had improved...
September 3, 2009 - Days of Swiss bank secrecy for tax advantage are ending
Boris Collardi, Baer chief executive said those banks who offer secrecy for tax advantage are becoming a thing of the past...
September 3, 2009 - GETTING PERSONAL: IRS Builds New International Tax Group
The agency has started putting together a new group to focus on international tax issues, including offshore bank accounts used to evade taxes...
September 3, 2009 - US-Swiss relations 'remain strong'
International relations experts in Washington say ties with the United States should recover quickly following the settlement of the dispute over UBS. They say
September 2, 2009 - IRS to Assign Corporate Auditors to Swiss Bank Cases
the IRS is trying to hire 784 new full-time workers... 109 would be assigned to investigate U.S. taxpayers with offshore holdings, and 113 would audit smaller m
September 1, 2009 - GETTING PERSONAL: The UBS Effect At Credit Suisse, LGT
Copies of letters obtained by Dow Jones Newswires reveal several banks giving U.S. customers a deadline to provide tax details or see accounts closed.
August 31, 2009 - 2nd UPDATE: Swiss Govt: IRS Lodges Request For UBS Data
The Swiss government said Monday the U.S. Internal Revenue Service has formally lodged a request to its Swiss counterpart for data from UBS AG...
August 31, 2009 - UPDATE 1-U.S. files formal request for UBS client data
"In accordance with the agreement, the FTA (Swiss Federal Tax Administration) must now issue a conclusive decree on surrendering the information requested in th
August 31, 2009 - UBS Tax Evasion Cases to Be Probed by IRS Corporate Auditors
The U.S. Internal Revenue Service is shifting authority to audit wealthy Americans suspected of offshore tax evasion to an elite division...