US and Switzerland agree tax evasion bank deal

  • 11 years ago
The US Justice Department has reached a deal with the Swiss government over tax dodging by Americans using offshore bank accounts in Switzerland.

As a result a number of Swiss banks would pay fines to avoid or defer prosecution.

The deal is a step forward in a long-running US drive to pierce the shroud of Swiss bank secrecy.

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http://www.euronews.net/

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