MIAMI, July 31 (Reuters) – The United States and Swiss bank UBS AG have struck a deal to settle their dispute over tax evasion and bank secrecy, backing off from an escalating standoff that had threatened to damage ties between the two countries.
(more…)
U.S. and UBS reach breakthrough deal in tax dispute
Swiss authorities investigate bribery accusation in UBS tax case
By Oliver Hirt and Sven Egenter
ZURICH, July 29 (Reuters) – Swiss prosecutors said on Wednesday they are investigating allegations that an unnamed high-ranking Swiss official took a bribe from a U.S. client of UBS to help cover up tax fraud.
UBS client case implicates Swiss bankers, official
By Tom Brown
MIAMI, July 28 (Reuters) – An American client of UBS AG pleaded guilty on Tuesday to using Swiss bank accounts to hide more than $8 million from U.S. tax authorities and said a Swiss government official received $45,000 to help cover up the fraud.
Swiss, U.S. seen needing time to finish UBS tax deal
ZURICH, July 24 (Reuters) – Talks between Switzerland and the United States to end a tax row targeting UBS could stretch beyond an Aug. 3 deadline to allow more time for a detailed settlement, a source familiar with the situation said on Friday. (more…)
UBS data transfer to U.S. possible – Swiss judge
By Lisa Jucca, European Wealth Management Correspondent
ZURICH, July 14 (Reuters) – Swiss bank UBS could transfer client data to the United States and end a damaging tax litigation without breaching Swiss bank secrecy laws, a top Swiss judge told Reuters on Tuesday. (more…)
Judge asks if US govt would shut UBS in tax fight
By Lisa Jucca and Tom Brown
ZURICH/MIAMI, July 8 (Reuters) – A judge ordered the U.S. government to say whether it was prepared to shut Swiss bank UBS AG in the United States as part of a battle to learn the identity of 52,000 secret accounts suspected of being used by Americans to avoid taxes. (more…)
-
Author Profile
-
