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."
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