August 7th, 2009
Global Financial Integrity has come out with recommendations today for the US government on how to proceed as the UBS case begins to come to a close. From
GFI:
U.S.-Swiss Tax Treaty: In June an amendment to the U.S.-Swiss tax treaty was agreed to but not yet ratified. Statements from U.S. and Swiss parties to the negotiations indicate that information exchange would still rely on exchange upon request and would require the U.S. to provide names of suspected tax evaders to obtain information on their undisclosed accounts. The U.S should push for...
August 7th, 2009
Switzerland and the United States were engaged on Friday in the final stages of efforts to reach an agreement to settle a legal case that sought to force the Swiss banking giant UBS to disclose the names of wealthy American clients suspected of tax evasion.
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August 5th, 2009
USDOJ - A New Jersey accountant pleaded guilty today to laundering portions of more than $300,000 stolen from the Coalition Provisional Authority (CPA) in the Republic of Iraq and brought back to the United States by his wife, a former U.S. Army lieutenant colonel.
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August 5th, 2009
ZURICH (Reuters) - The United States and Switzerland are expected to reach a final settlement on Friday to end a tax row against giant UBS, but details of the deal won't be made public the same day, sources familiar with the situation said.
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