Monday 18 November 2013

Swiss banks urged to come forward or risk U.S. prosecution

Reuters: The head of the U.S. Justice Department's tax division has warned that Swiss banks which do not come forward under a government-brokered programme risk prosecution over tax evasion by their U.S. customers.

Full story: http://uk.reuters.com/article/2013/11/17/usa-tax-switzerland-idUKL5N0J20C220131117?rpc=401&feedType=RSS&feedName=regulatoryNewsFinancialServicesAndRealEstate&rpc=401