UBS suggests giving IRS anonymous client data

June 16th, 2009

Switzerland’s largest bank, UBS, has proposed giving United States tax authorities banking data on some of its clients but with no names or account numbers attached.

The Internal Revenue Service (IRS) has been seeking information on 52,000 UBS account holders in an effort to find tax cheats. UBS has so far refused to release the information because it would violate Swiss law.

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