February 27, 2014 - Senate Report Blasts DOJ Offshore Tax Enforcement
Senate Report Blasts DOJ Offshore Tax Enforcement
February 26, 2014 - Credit Suisse, DOJ in Senate crosshairs on Swiss tax dodging
Credit Suisse opened and managed more than 22,000 accounts for U.S. customers, with assets in the range of $10 billion to $12 billion, most of them hidden from
February 27, 2014 - Senators want Swiss banking group Credit Suisse to be forced to identify tax evaders
The Credit Suisse chief executive, Brady Dougan, told the senators that he was blocked by Swiss law from disclosing the names to the US authorities. “So any rea
February 26, 2014 - Credit Suisse helped Americans hide $10bn from taxman, government claims
Bankers reportedly made 150 trips to the US between 2002 and 2008, to orchestrate an alleged large-scale tax evasion scheme more than twice the size originally
February 25, 2014 - Credit Suisse Said to Be Faulted by Senate Over Tax Dodgers
The report outlines how Credit Suisse, the second-biggest Swiss bank, helped clients hide cash transfers and offered accounts not declared to the Internal Reven
February 24, 2014 - Credit Suisse CEO to Testify at U.S. Tax Evasion Hearing
Deputy Attorney General James Cole and Assistant Attorney General Kathryn Keneally also will testify to a panel examining why the Justice Department hasn’t reso
February 24, 2014 - HSBC’s Private-Banking Profit Slumps 81% Amid Swiss Outflows (1)
HSBC Holdings Plc (HSBA), Europe’s largest lender, said full-year earnings at its private bank dropped 81 percent as customers pulled money from its Swiss cross
February 21, 2014 - $250,000 stuffed in pantyhose...and other Credit Suisse tax evasion tricks
Bankers helping customers buy gold bars to store in Swiss bank safes. A wealthy customer who traveled on flights hiding $250,000 in pantyhose to stash in Swiss
February 20, 2014 - Why More Americans Are Renouncing U.S. Citizenship
According to the legal website International Tax Blog, the number hovered around 500 a decade ago. Last year, it hit a record high of nearly 3,000.
February 20, 2014 - Basler Kantonalbank Says Profit Halved on U.S. Tax Provision
a Swiss regional state-controlled lender, said profit more than halved after a 109 million-franc ($122 million) provision in relation to a U.S. probe into tax e
February 20, 2014 - Offshore Tax Evasion Will Be Focus of Senate Hearing
The U.S. Senate Permanent Subcommittee on Investigations will hold a hearing on a crackdown on offshore tax evasion that has stalled as prosecutors conduct crim
February 19, 2014 - Capitol Hill will scrutinize Swiss banks’ tax-evasion role next week
The focus this time is the status of efforts to hold Swiss banks and their U.S. clients accountable for what the panel describes as “unpaid taxes on billions of
February 14, 2014 - Center Links UBS and Yellen Spouse
The husband of new Federal Reserve Chairwoman Janet Yellen sits on the board of an academic center funded by UBS AG, the giant Swiss bank, which is poised to co
February 12, 2014 - Barclays says its Swiss private bank is part of U.S. tax deal
"Barclays Bank (Suisse) SA and Barclays Bank plc Geneva Branch are participating in the program, which requires a structured review of U.S. accounts,"
February 11, 2014 - Ex-UBS Banker Lack to Enter Guilty Plea in U.S. Tax Case
Martin Lack, a Swiss resident and independent investment adviser, is set to plead guilty on Feb. 26 in federal court in Fort Lauderdale, according to court reco