Swiss give nod to possible tax deal with Washington
ReutersZURICH--Switzerland has given the go-ahead to finalize a joint statement with the United States that it hopes will bring to an end a long, costly dispute over Swiss banks that have sheltered U.S. tax evaders.
August 29, 2013, 12:22 am TWN
The government said on Wednesday the signing of the joint statement should enable Swiss banks to resolve the dispute with the United States while complying with existing Swiss laws. It gave no further details.
The Swiss government is keen to end the dispute in which U.S. authorities have fined two Swiss banks for helping wealthy Americans evade tax and are investigating another dozen.