UK: Using Swiss bank accounts to avoid US taxes

The Finacial Times

US in fresh tax-evasion request to Swiss

By James Shotter in Frankfurt

The US has made a renewed request to Swiss authorities for information about Credit Suisse clients suspected of using the bank to evade taxes, in the latest instalment of a long-running tussle over Bern’s bank secrecy laws.

A previous request was rejected by a federal administrative court in Switzerland’ in April, as it did not specify the names of the individuals about which the US was seeking information, but instead listed various criteria that hinted at tax evasion.

Read it at The FT:
http://www.ft.com/intl/cms/s/0/db94913e-dd86-11e1-8be2-00144feab49a.html#axzz22g3SP3oq