All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

US agrees tax evasion deal with Switzerland

Matthew Gilleard
September 03, 2013
Share
us-switz.jpg

The US and Switzerland have reached an agreement allowing Swiss banks to pay a fine rather than be prosecuted for tax evasion by their US accountholders.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login

Tags

NewsUnited StatesDirect TaxSwitzerlandCompliance ManagementEurope
MG
Matthew Gilleard
Contact
Matthew Gilleard worked at ITR between 2010 and 2016

More from across our site

MNEs_SA_VAT.jpg
MNEs' face VAT fines over electronic services in South Africa
Multinational enterprises run the risk of hefty penalties if the company in question fails to register for VAT when providing electronic services in South Africa.
Siqalane Taho, July 06, 2022
Outsourcing_tax risk 2.jpg
Companies need strong tax risk management for outsourcing
Tax directors have urged companies to ensure they have robust tax risk management controls when outsourcing tax functions.
Siqalane Taho, July 06, 2022
Fujiyoshida, Japan Beautiful view of mountain Fuji and Chureito pagoda at sunset, japan in the spring with cherry blossoms
Japan set to reap benefits of tax windfall
Japan reports a windfall from all types of taxes after the government revised its stimulus package. This could lead to greater corporate tax incentives for businesses.
Danish Mehboob, July 04, 2022
Coin-operated binoculars looking out over a mountain landscape
EU tax advice rules may narrow scope of DAC6 disclosures
Sources at Netflix, the European Commission and elsewhere consider the impact of incoming legislation to regulate tax advice in the EU – if it ever comes to pass.
Danish Mehboob, July 04, 2022
tabrez-syed-eu-tax.jpg
This week in tax: EU officials consider loopholes to minimum tax
This week European Commission officials consider legal loopholes to secure minimum corporate taxation, while Cisco and Microsoft shareholders call for tax transparency.
Josh White, July 01, 2022
mcdo2.jpg
McDonald’s court settlement makes case for TP reviews
The fast-food company’s tax settlement with French authorities strengthens the need for businesses to review their TP arrangements and documentation.
Leanna Reeves, June 30, 2022
brazil_2000pixel.jpg
Brazil’s tax authority unveils game-changing TP plan
The full ALP model will be adopted through a new TP regime, which is set to boost the country’s investments and tax certainty.
Leanna Reeves, June 30, 2022
online sales tax.jpg
Experts say UK online sales tax would hold back businesses
Tax professionals have called on the UK government to reconsider its online sales tax as it would affect the economy at the worst time.
Siqalane Taho, June 29, 2022
e-invoicing_calls.jpg
E-invoicing compliance demands company attention: tax experts
Tax professionals have called on companies to act urgently to meet e-invoicing compliance targets as the EU plans to ramp up digitisation.
Siqalane Taho, June 29, 2022
Sponsored
oranges-4566275.jpg
Looking inward and outward – ITR’s India Special Focus launched
In the wake of India’s ambitious 25-year plan for economic growth, ITR has partnered with leading tax commentators to discuss what the future will look like for India and for the rest of the world.
Alice Jones, June 29, 2022
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree