Swiss banks to oppose further U.S. account probe
Here’s a story I’ll bet a number of Las Vegans will be interested in. Weeks after UBS gave the IRS 4,000 names of Americans with Swiss accounts, the head of the Swiss Bankers Association now says his colleagues will fight further probes.
The Swiss banking fraternity is still reeling from pressure from Washington to stop providing a haven for suspected tax cheats, drug dealers, money launderers, etc.
Meanwhile, an IRS deadline later this month must have some of those suspected tax cheats a little nervous. More about that later.
