By Kim Dixon
WASHINGTON, Sept 14 (Reuters) – Rich Americans who have evaded taxes by hiding foreign holdings have about a week to turn themselves in to an Internal Revenue Service amnesty program or gamble they will not be caught.
Financial Regulatory Forum
By Kim Dixon
By David Ljunggren and Andrea Hopkins
OTTAWA/TORONTO, Sept 2 (Reuters) – Canadian government officials pressed representatives of Swiss bank UBS <UBSN.VX> <UBS.N> on Wednesday for details of Canadians who might be account holders, a spokeswoman for the Canada Revenue Agency said.
PARIS, Sept 1 (Reuters) – Switzerland has made a major effort in terms of transparency on tax issues and France would support its eventual removal from the OECD’s grey list, Economy Minister Christine Lagarde said on Tuesday.
By Lisa Jucca, European Wealth Management Correspondent
ZURICH, Sept 1 (Reuters) – A U.S. tax probe against Swiss bank UBS has killed traditional offshore banking and wealth managers will have to improve their offers to survive, bankers and industry experts said on Tuesday.
ZURICH, Aug 23 (Reuters) – Clients of UBS facing disclosure of their accounts to U.S. tax authorities were not harmless victims, and legal cases against former UBS bankers did not affect the bank, its chairman told Swiss Sunday newspapers.
By Pascal Fletcher and Lisa Jucca
MIAMI/ZURICH Aug 12 (Reuters) – The days of secret bank accounts are numbered for Americans after UBS <UBSN.VX> <UBS.N> and the U.S. and Swiss governments agreed to settle a dispute over whether the Swiss bank should be forced to disclose the names of 52,000 rich U.S. clients suspected of tax evasion.