U.S.-Swiss deal addresses penalty for banks that aid tax evaders

08/30/2013 | New York Times (tiered subscription model), The

The U.S. and Switzerland have formed an agreement on punishment for Swiss banks that help Americans evade taxes by allowing them to conceal assets. Excluded from the deal are 14 Swiss banks and Swiss units of global banks that are the target of a U.S. criminal investigation.

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New York Times (tiered subscription model), The

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