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Swiss Tax Evasion

Storied Swiss Bank Gets Wrist Slap For Tax Evasion

Reuters | Posted 03.04.2013 | Business

NEW YORK (Reuters) - A U.S. court on Monday sentenced Wegelin & Co, the oldest Swiss private bank, to pay $57.85 million after it admitted to helping ...

Switzerland, U.S. Vow To Crack Down On Tax Evasion

Reuters | Posted 02.14.2013 | Business

Feb 14 (Reuters) - Advancing a U.S. crackdown on tax evasion by Americans, the U.S. Treasury Department said on Thursday Switzerland and the United St...

79-Year-Old Woman Facing Prison Time Over Tax Evasion

Reuters | Posted 03.10.2013 | Business

By Lynnley Browning Jan 8 (Reuters) - A 79-year-old Florida woman pleaded guilty on Tuesday to criminal charges of tax evasion through...

Swiss Banks Sweating As U.S. Mulls Punishment

Reuters | Posted 10.12.2012 | Business

By Katharina Bart ZURICH, Aug 12 (Reuters) - Swiss banks hoping to atone for decades of complicity in tax evasion may be left to sweat...

Swiss Bankers Are Afraid To Leave Switzerland

The Huffington Post | Bonnie Kavoussi | Posted 06.16.2012 | Business

For many Swiss bankers, taking vacation out of the country is just too risky. As the U.S. cracks down on Swiss bank accounts and U.S. tax dodgers, ...

U.S. Calls Big Swiss Bank A 'Fugitive'

AP | By DAVID B. CARUSO | Posted 02.11.2012 | Business

NEW YORK -- The U.S. Justice Department called Switzerland's largest private bank a fugitive from justice on Friday after it didn't send any represent...

Swiss Finance Minister: U.S. 'Not Easy Partners' In Tax Evasion Deal

Reuters | Posted 03.13.2012 | Business

* Talks underway with Italy to find solution, Swiss finance minister says * Americans "not easy partners" in long-running dispute, she...

U.S. Using New Tactic For Finding Suspected Swiss Bank Tax Cheats

Posted 12.28.2011 | Business

U.S. authorities hunting in Swiss banks for suspected tax cheats have a new weapon in their arsenal: an arcane but aggressive legal maneuver more ...

U.S. Offers 11 Swiss Banks Deal To Avoid Criminal Prosecution On Tax Evasion

Posted 12.18.2011 | Business

ZURICH (Reuters) - U.S. officials are offering 11 Swiss banks, among them Credit Suisse , a deal that allows them to avoid criminal prosecution in...

Tax Evasion Costing The World Trillions

The Huffington Post | Jillian Berman | Posted 12.12.2011 | Business

In a world filled with bulging budget crises and anti-tax rhetoric sits the looming problem of how to obtain the revenue at all. Tax evasion accou...

U.S. Widens Tax-Evasion Probe To Include Israel's Largest Banks

Posted 11.16.2011 | Business

(Lynnley Browning) - The U.S. pursuit of offshore tax evaders is widening to include Israel, where U.S. authorities are scrutinizing three of Isra...

Switzerland Tax Evasion Cooperation: To Breaks With Tradition, Embrace Openness

AP | BRADLEY S. KLAPPER and ALEXANDER G. HIGGINS | Posted 05.25.2011 | Business

GENEVA — Switzerland's days as a safe haven for the world's tax evaders are numbered. Under pressure from the United States and other troubled ...