(916) 488-8501
(800) 684-7147

(916) 488-8501 (800) 684-7147
CONTACT

Experience. Dedication. Results.

Photo of Professionals at Law Office of Williams & Associates, P.C.

Credit Suisse Pleads Guilty

On Behalf of | Jun 6, 2014 | International Tax Law |

Swiss authorities have been working with the United States since 2009 to ensure its banks are no longer utilized as a haven for U.S. tax evasion. Swiss government officials and banks have continued to cooperate with the United States in uncovering illegal activities and changing business operations. Most recently, Credit Suisse pleaded guilty to a criminal charge for its role in assisting American’s with tax evasion, resulting in an agreement to pay $2.6 billion in penalties but without a requirement to provide names of the U.S. clients who may have used the bank to hide money from the IRS.

Archives

RSS Feed

Subscribe To This Blog’s Feed

FindLaw Network