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Today's Date: 25 May 2012
Last Updated: 25 May 2012 13:00:35 CIT
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Swiss banks to outline steps in US tax evasion row
Source: AP
06 February 2012
 GENEVA (AP) — Two of Switzerland's oldest banks will this week outline their response to growing U.S. pressure to give up tax-evading American customers and the bankers who helped them.

Senior executives of Julius Baer Group will detail the Zurich-listed bank's position when its full-year results are released Monday.

State-owned Zuercher Kantonalbank presents its annual results Friday.

Last month St. Gallen-based Wegelin & Co. announced it was selling most of its business after U.S. authorities indicted Switzerland's oldest private bank with conspiring to help American clients hide more than $1.2 billion from the U.S. Internal Revenue Service.

U.S. authorities are targeting at least 11 Swiss banks suspected of helping American clients cheat on their taxes.
 
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big berd
Swiss banks to outline steps in US tax evasion row
Posted by big berd on 2/6/2012 8:01:18 AM

So because America is on a tax grab, due to Obama's policies putting the US another trillion in debt (Why was he voted in again? ...oh ya, everyone knows why, guess that worked out well, can't judge a man by the color of his skin. When will people learn.)

So they are forcing other countries to adhere to US policy?

That's like me saying you can't have a dog in your yard, cause I don't agree with how you are feeding him.

The swiss need to tell Obama to go back to being a lousy president. And tell the IRS, outside of the US is none of the US's business.
Agree agree ( 5 )
Disagree disagree ( 4 )
 
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