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Department of Justice dismisses criminal charges against UBS

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • October 22 2010

The Justice Department on October 22 dismissed criminal charges against the Swiss bank, UBS AG, which had been accused of helping thousands of Americans evade US taxes in the billions of dollars by concealing their assets in foreign accounts

Update on offshore bank secrecy directives by the United States and the Internal Revenue Service : "mining the UBS lake" for US tax evaders

  • Fox Rothschild LLP
  • -
  • Switzerland, USA
  • -
  • August 17 2010

At the present time the good people of the Swiss Federal Tax Administration are sorting out which of the thousands of requested names of US persons and account numbers with UBS will be turned over to the United States shortly in accordance with the U.S.-Swiss agreement