Us Legal Move to Find 'Tax-Dodge' Clients at Ubs ; Banking
Evening Standard - London › July 01, 2008
Linked as:
Summary
THE secretive world of Swiss private banking was shaken to its core today as US federal investigators launched a legal action to force UBS to turn over the names of rich Americans allegedly using it to avoid taxes.
It is the first time such an action has been taken against a foreign bank and, if successful, could erode the much-vaunted privacy on which the Swiss banks pride themselves.See the full content of this document
Extract
Us Legal Move to Find 'Tax-Dodge' Clients at Ubs ; Banking
It comes as a host of countries including the UK are ratcheting up their interna...
See the full content of this document
Sponsored links
