You cannot hide behind the laws of your own country.
There is a big loophole in this treaty which you continue to say we ought to ratify.
Responses of the Department of Justice to supplemental questions for the record from Senator Carl Levin.
Did you find that some Swiss bankers advised U.S. customers to secure transactions under $10,000 which would then avoid triggering cash tran...
Is it correct that your Swiss bankers worked with both of these outside intermediaries to help U.S. citizens set up offshore shell entities?
The American public is angry about offshore tax abuse--efforts by well-off Americans to evade their U.S. tax obligations by hiding money off...
The trouble is that the Justice Department has been deterred by the Swiss Government's law.
Thank you very much.
UBS' actions sent a powerful signal that U.S. tax cheats using offshore accounts better pay up or face prosecution.
if the banks will not cooperate, citing Swiss secrecy laws, then we simply have to use our own domestic laws to force cooperation from the b...
So how many relationship managers had one or more accounts?