Shaw Capital Management Scam Info: US warns 10
Swiss banks to hand over information on tax cheats
http://www.
telegraph.
co.
uk/finance/newsbysector/banksandfinance/8740641/US-warns-10-Swiss-banksto-hand-over-information-on-tax-cheats.
html
The US...
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Shaw Capital Management Scam Info: US warns 10
Swiss banks to hand over information on tax cheats
http://www.
telegraph.
co.
uk/finance/newsbysector/banksandfinance/8740641/US-warns-10-Swiss-banksto-hand-over-information-on-tax-cheats.
html
The US government has warned 10 Swiss banks, including Credit
Suisse, that they must hand over confidential information
exposing tax cheats by tomorrow or face legal proceedings.
A long-term tradition of secrecy has helped Switzerland build up a $2 trillion offshore financial industry.
Photo:
Alam
By Jamie Dunkley
8:45PM BST 04 Sep 2011
US deputy attorney general James Cole has written to the Swiss government
demanding that detailed figures relating to tax evasion at Credit Suisse and nine other
smaller Swiss banks are sent this week.
In the letter, which was quoted by Swiss newspapers, Mr Cole demands that
Switzerland deliver a significant number of client accounts, adding that US authorities
are ready to test a Swiss offer to settle the dispute
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