Financial Transparency Coalition

WASHINGTON, D.C. – The Assistant Treasurer, Senator Nick Sherry, today reaffirmed the strong international partnership between Australia and the United States over tax cooperation, including on tax havens, tax evasion and other tax abuse issues currently on the G20 agenda.

Washington Post Editorial: A compromise with the United States on disclosure would be in the public interest.

ZURICH (Dow Jones)--UBS AG's (UBS) high-profile spat with the U.S. Internal Revenue Service has made some of Switzerland's other banks wary of looking after U.S.-based clients, prompting some to stop taking money from Americans altogether and menacing the country's image as a private banking center.

ZURICH (Reuters) - The Swiss foreign minister is due to meet U.S. Secretary of State Hillary Clinton on July 31, just days before a deadline to reach a settlement in a damaging U.S. tax case against UBS.