Posts tagged Union Bank of Switzerland
IRS Files Criminal Action Against Foreign Bank

Any bank that assists a US individual or entity evade US tax or hide money, regardless of where that bank is located, is guilty of a felony under US law.

It was not until the USA charged Union Bank of Switzerland, (UBS), with criminal activity that banking secrecy began to change. The USA government alleged that between 2000 and 2007, UBS helped its US clients evade...

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