Global Fight Against Tax Evasion
Feb. 19th, 2009 07:58 pmREUTERS -- UBS AG (UBSN.VX)(UBS.N) agreed late on Wednesday to pay a hefty $780 million fine and disclose the identity of some clients after U.S. investigators accused it of helping wealthy Americans to dodge taxes. The deal had the blessing of the government and the financial regulator.
Some experts say the settlement, a new step in the growing global fight against tax evasion, opens cracks in the country's tough bank secrecy laws and potentially could undermine the $7 trillion global offshore banking industry.
Во всем виноваты исламские террористы и наркокартели, само собой.
Some experts say the settlement, a new step in the growing global fight against tax evasion, opens cracks in the country's tough bank secrecy laws and potentially could undermine the $7 trillion global offshore banking industry.
Во всем виноваты исламские террористы и наркокартели, само собой.