 |
US seeks tax cheat names from UBS
BBC News
Wednesday, July 1, 2009
The US has accused UBS of “systematically” violating US laws and insisted the Swiss bank reveal the names of suspected US tax cheats.
The US Justice Department is seeking the names of more than 50,000 US customers with Swiss accounts as part of a lawsuit against UBS.
UBS said that divulging the names would violate Swiss bank secrecy laws.
(ARTICLE CONTINUES BELOW)
The row has tarnished the reputation of UBS, which sustained heavy losses from the credit crisis.
The court filing said that the Internal Revenue Service “seeks the identities of those account holders (and other account information) from a Swiss bank that regularly conducted business in secret within the United States, and systematically violated US law”.
Prison
Planet.tv Members Can Watch
Fall Of The Republic
Right Now Online -
Don't Miss Out! Get
Your Subscription Today!
CANCER CONSPIRACY? Are
"they" suppressing the cure? Will YOU
be the next victim? Learn
the Secret Truth! - READ FULL STORY
-
- Social bookmarks
- Email this article
-
- Print this page