Friday, February 20, 2009

Union des Banques Suisses

The Swiss bank Union des Banques Suisses (UBS) says it will pay the US $780-million and tell American authorities the names of a few people who have those famous secret Swiss "numbered" bank accounts to evade American taxes.
And the US has responded by suing for the information about some 52,000 more account-holders. IRS Commissioner Doug Shulman says that the lawsuit "sends a strong signal to taxpayers hiding their money offshore."

More at Reuters.

No comments:

Post a Comment