September 2nd, 2009
TORONTO (Reuters) - Canada could pursue Swiss bank UBS (UBSN.VX) in court if bank officials refuse to disclose the names of Canadian clients who are evading taxes using UBS accounts, but even the government minister responsible believes stronger laws may be needed.
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September 2nd, 2009
The Organization for Economic Co-operation and Development (OECD) met in Mexico City over the past two days to discuss next steps in the global fight against tax evasion. In a statement released by the OECD this afternoon, OECD Secretary General Angel Gurria referred to the recent actions taken by the G20 and the OECD, and the recent willingness on the part of tax havens to accept the OECD guidelines on the exchange of tax information as a "revolution." From the
OECD:
Today, on the eve of the Pittsburgh G20 meeting, the Global Forum...
September 2nd, 2009
Bloomberg -- Deutsche Bank AG, Commerzbank AG and Sal. Oppenheim Jr. & Cie. defended international activities after Die Zeit reported German lenders are “deeply involved” in business with tax havens.
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August 31st, 2009
NEW YORK (Reuters) - Executives at Swiss banks Julius Baer (BAER.VX) and Credit Suisse (CSGN.VX) expect to avoid a U.S. tax investigation into their private banking businesses on the same scale as their peer UBS (UBSN.VX), they told The Financial Times on Sunday.
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