The Wall Street Journal, in an article titled "Swiss Banks Get Tough on Tax-Dodgers," reports that Swiss Banks are increasing their scrutiny of European clients that they suspect may be skirting home-country tax laws. As a direct result of last year's UBS tax evasion controversy, many European countries are no longer allowing foreigners to hide behind the historically secretive Swiss banking regulations.
Posted by Patrick Siegfried, Associate Editor, Wealth Strategies Journal.
Posted by Patrick Siegfried, Associate Editor, Wealth Strategies Journal.
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