Friday, July 12, 2013

Swiss Banks Accused Of Aiding U.S. Tax Evasion Will Begin Cooperating

Swiss Banks Accused Of Aiding U.S. Tax Evasion Will Begin Cooperating: Swiss authorities have cleared the way for the country’s notoriously secretive banks to cooperate with U.S. tax evasion investigations. The banks still cannot provide client names under a government program that seeks to balance strict bank secrecy laws in Switzerland with U.S. interests. Instead, they may share other information on account activity that the investigators [...]/p