Swiss Banks Reveal Americans, U.K. Deal Sputters, And Germany Embraces FATCA

Swiss tax authorities gave the go-ahead to temporarily circumvent Switzerland’s vaunted bank secrecy laws in 2011. Then, American account holders challenged the legality of disclosures in the Swiss courts. One complaint was that U.S. government requests have not been specific enough.

 

Read More: www.forbes.com/sites/robertwood/2013/07/09/swiss-banks-reveal-americans-u-k-deal-sputters-and-germany-embraces-fatca/

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