The United States has agreed to forego criminal prosecution against the bank, Liechtensteinsche Landesbank AG, for opening and maintaining bank accounts for U.S. taxpayers from 2001 through 2011 and assisting U.S. taxpayers in evading their U.S. tax obligations. In addition, new Liechtenstein legislation has resulted in U.S. taxpayer names being turned over to the Department of Justice.
For more information, click here.
