July 7, 2013 - Firstpost Fwire Swiss court allows Credit Suisse to hand client data to U.S
Switzerland’s top court has ruled that the government can transfer the bank records of an American client of Credit Suisse (CSGN.VX) to the U.S. tax authorities
July 7, 2013 - Chipping away at Swiss bank secrecy
The new guidelines allow the banks to apply for permission to provide the U.S. with certain information about offshore bank accounts. They're still blocked from
July 7, 2013 - Swiss Banks May Lose $522 Million Payment From U.K. Accord (1)
UBS AG (UBSN), Credit Suisse Group AG (CSGN) and other Swiss banks may lose most of the 500 million-franc ($522 million) guarantee payment they made to the U.K.
July 7, 2013 - Swiss insurers brace for next U.S. crackdown on untaxed billions
Swiss insurers are scrambling to defend themselves against possible investigations into billions of dollars of untaxed assets held by their American clients.
July 7, 2013 - Prosecutions of offshore banks may help turn tide against secrecy
Wegelin officials pleaded guilty in January to helping Americans shelter taxable income in Switzerland, and sentencing was March 4.
July 7, 2013 - Switzerland to help banks avoid U.S. tax charges
banks will be allowed to reveal information - such as details of accounts moved to other banks, names of bank staff, lawyers and accountants - that would help U
July 7, 2013 - Maryland Businessman Pleads Guilty to Concealing Foreign Bank Account at Israel-based Bank on His Tax Return
"Offshore tax evasion is a top priority for IRS-CI, and the facts in this case are clear. Earned income was placed into foreign bank accounts for the purpose o
July 7, 2013 - Switzerland helps banks avert US tax charges
Swiss banks will be allowed to cooperate with US authorities under a government plan agreed yesterday, aimed at saving the industry from criminal charges of hel
June 29, 2013 - Raw: IRS Chief Admits Widespread Screenings
Treasury investigator says no evidence IRS gave progressive groups trough treatment (June 27)
June 29, 2013 - U.S. Rep. Renacci proposes law to stop IRS workers from politically targeting taxpayers
The Stop IRS Act would allow the IRS to immediately terminate workers engaged in singling out specific groups of taxpayers.
June 29, 2013 - Johnson to IRS: If you do the crime, you will do the time By Ruth Guerra ruth.guerra@mail.house.gov 1:04 pm
U.S. Congressman Sam Johnson (TX-03) introduced H.R. 2557, the “Imprisonment for Tax Targeting of American Act of 2013,” to prevent future targeting of American
June 29, 2013 - Case Closed? Far From It
From the American Center for Law and Justice: "None of our clients have been contacted or interviewed by the FBI."
June 29, 2013 - UBS commits to home market with Zurich HQ revamp
The Swiss bank is splashing out as other European banks are tightening their belts on real estate, as they cut bloated balance sheets, slash jobs and reconsider
June 29, 2013 - UBS extends lead through Southeast Asian boost
UBS AG, Damien Brosnan, said "We had a lot of issuance and there's still a lot of deals waiting to be done in Southeast Asia."
June 29, 2013 - UBS France CEO eyes growth despite tax probe
"We are fully cooperating with the authorities and we are justifying each transaction, line by line, to show that what has been done was legal," de Leusse said