Swiss lawmakers defy Washington reject deal to lift banking secrecy and expose US tax dodgers

Thursday, June 20th 2013 - 03:03 UTC

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Swiss lawmakers rejected Wednesday a deal proposed by Washington to halt ruinous US legal action provided that Swiss banks that helped stash cash expose American tax dodgers and pay hefty fines. Read full article

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Math
Don't mess with Switzerland!
Jun 20th, 2013 - 01:32 pm - Link - Report abuse 0
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ChrisR
“Switzerland has sought to defend banking secrecy by giving ground in some areas and insists that all the globe's offshore havens must fall into line to ensure fair competition.”

But that would be so embarrassing to a number of western countries including the UK!

I must admit to thinking that the USA are being heavy handed in this: it’s their citizens that have caused this: they don’t HAVE to put the money into Switzerland.
Jun 20th, 2013 - 10:22 pm - Link - Report abuse 0
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