Swiss banks to hand over staff names in U. S. tax row: report
ZURICH (Reuters) – Switzerland will allow banks to hand over the names of any employees and other third parties who helped wealthy Americans evade taxes to U. S. prosecutors, a Swiss newspaper reported on Saturday. Eleven Swiss banks including Credit Suisse and Julius Baer are under investigation in the United Stated for aiding U. S. citizens suspected of dodging taxes. In the latest attempt to end the long-running dispute, Switzerland’s Federal Council has now authorized banks to hand over email traffic in connection with such clients to U. S. prosecutors, the Tages-Anzeiger newspaper reported. . . .
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