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Swiss to divulge details of U.S. tax cheats
Swiss to divulge details of U.S. tax cheats
BERN November 17, 2009 (AFP) — US clients of UBS with more than 250,000 Swiss francs (165,641 euros, 248,040 dollars) in assets could have their details turned over to US tax authorities if there is proof of fraud, Swiss authorities said on Tuesday.
 
Swiss eyes tax haven list exit as G20 starts
Swiss eyes tax haven list exit as G20 starts
ZURICH September 24, 2009 (Reuters) - Switzerland is rushing to sign an additional tax information deal to secure its removal from a tax haven list later on Thursday, when a meeting of the Group of 20 nations starts.
 
Swiss bank tells clients to sell U.S. assets or leave
Swiss bank tells clients to sell U.S. assets or leave
September 1, 2009 (Bloomberg) - Wegelin & Co., Switzerland’s oldest bank, is telling wealthy clients to sell their U.S. assets, or switch banks, because of concerns new rules will saddle investors with tax obligations in the world’s biggest economy.
 
Canada to ask UBS to reveal secret accounts
Canada to ask UBS to reveal secret accounts
August 21, 2009 (AFP) - Canadian tax officials plan to meet with UBS bank officials in the coming weeks in a bid to uncover Canadian fortunes hidden in offshore accounts, Canada's national revenue minister said Friday.
 
U.S. 'criminally investigating' UBS customers
U.S. 'criminally investigating' UBS customers
August 18, 2009 (AFP) - The United States is “criminally investigating” more than 150 US customers of Swiss banking giant UBS on suspicion they concealed income and assets to avoid US taxes, court documents said Tuesday.
 
Court gives UBS more time to avoid tax secrecy trial
Court gives UBS more time to avoid tax secrecy trial
August 7, 2009 (AFP) - A US federal judge on Friday gave Swiss bank UBS more time to try to reach an out-of-court settlement in a diplomatically sensitive tax secrecy case.
 
Swiss to stop UBS handing over data in U.S. tax row
Swiss to stop UBS handing over data in U.S. tax row
ZURICH July 8, 2009 (Reuters) - Switzerland has vowed to prevent UBS from handing over client information to U.S. authorities, in an attempt to defend bank secrecy, saying a tax case targeting its main bank is souring diplomatic ties.

 
Billions in U.S. bonds seized in smuggling op
Billions in U.S. bonds seized in smuggling op
June 12, 2009 (Bloomberg) - Japan is investigating reports two of its citizens were detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland.
 
NATO's 7th decade - April 6, 2009
NATO's 7th decade - April 6, 2009
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As NATO enters its 7th decade, serious questions of its relevancy persist, culminating in the greatest existential threat faced by the military alliance.
 
Beginning of the end for tax havens
Beginning of the end for tax havens

March 13, 2009 (Bloomberg) - Switzerland, Luxembourg and Austria said they will soften rules on banking secrecy, responding to growing international pressure to root out tax dodgers.

 
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