2013年12月16日星期一
Privatbank Zurich AG and Hyposwiss Private Bank Geneve SA also decided to join the deal.
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Several Swiss cantonal banks to join U.
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Several Swiss cantonal banks to join U.S.S. tax deal
ZURICH Mon Dec 16, 2013 2:19am EST
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The building of Banque Cantonale de Geneve (BCGE) is pictured in Geneva August 8, 2008.louis vuitton neverfull gm tax deal
ZURICH Mon Dec 16, 2013 2:19am EST
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The building of Banque Cantonale de Geneve (BCGE) is pictured in Geneva August 8, 2008. REUTERS/Denis Balibouse
The building of Banque Cantonale de Geneve (BCGE) is pictured in Geneva August 8, 2008. REUTERS/Denis Balibouse
The building of Banque Cantonale de Geneve (BCGE) is pictured in Geneva August 8, 2008.
CREDIT: REUTERS/DENIS BALIBOUSE
(Reuters) - Several Swiss regional banks said on Monday they would cooperate with U.
CREDIT: REUTERS/DENIS BALIBOUSE
(Reuters) - Several Swiss regional banks said on Monday they would cooperate with U.[url=http://www.tustininformationcenter.com title=louis vuitton tote]louis vuitton tote[/url]S.S. officials to avoid prosecution in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through offshore accounts.louis vuitton tote officials to avoid prosecution in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through offshore accounts.
Banque Cantonale Vaudoise (BCV), Banque Cantonale de Geneve (BCGE), St.
Banque Cantonale Vaudoise (BCV), Banque Cantonale de Geneve (BCGE), St. Galler Kantonalbank, Zuger Kantonalbank, Luzerner Kantonalbank and Graubuendner Kantonalbank said they were participating in the program. Galler Kantonalbank, Zuger Kantonalbank, Luzerner Kantonalbank and Graubuendner Kantonalbank said they were participating in the program.
BCV\'s subsidiary Piquet Galland & Cie SA and St.
BCV\'s subsidiary Piquet Galland & Cie SA and St. Galler KB\'s subsidiaries Hyposwiss Privatbank Zurich AG and Hyposwiss Private Bank Geneve SA also decided to join the deal.louis vuitton usa Galler KB\'s subsidiaries Hyposwiss Privatbank Zurich AG and Hyposwiss Private Bank Geneve SA also decided to join the deal.[url=http://www.tustininformationcenter.com title=louis vuitton tote]louis vuitton tote[/url]
About a dozen banks have now come forward to say they are participating in the scheme brokered by the Swiss and U.
About a dozen banks have now come forward to say they are participating in the scheme brokered by the Swiss and U.S.S. governments this summer to allow banks to make amends for aiding tax evasion by paying fines and disclosing information. governments this summer to allow banks to make amends for aiding tax evasion by paying fines and disclosing information.
All the cantonal banks that said on Monday that they would join the scheme said they had never focused on acquiring U.louis vuitton neverfull gm
All the cantonal banks that said on Monday that they would join the scheme said they had never focused on acquiring U.S.S. clients but said they could not completely rule out some customers had not met their U. clients but said they could not completely rule out some customers had not met their U.[url=http://www.tustininformationcenter.com title=louis vuitton tote]louis vuitton tote[/url]S.S. tax obligations.louis vuitton tote tax obligations.
St.
St. Galler KB said it would deliver data about its U. Galler KB said it would deliver data about its U.S.S. business that would not include client data to U.louis vuitton neverfull gm business that would not include client data to U.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]S.S. authorities by the end of June 2014. authorities by the end of June 2014. Based on this information, the U. Based on this information, the U.S.louis vuitton usaS. Department of Justice would enter into individual negotiations with the bank that should end \"at the earliest in late 2014\". Department of Justice would enter into individual negotiations with the bank that should end \"at the earliest in late 2014\".
The bank said it could not communicate on the expected amount of fines and corresponding provisions, but intended at this stage to leave its dividend unchanged.
The bank said it could not communicate on the expected amount of fines and corresponding provisions, but intended at this stage to leave its dividend unchanged.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]
BCGE said it estimated its 2013 profits should remain at a level equivalent to 2012.
BCGE said it estimated its 2013 profits should remain at a level equivalent to 2012. It had warned in September costs related to the U.louis vuitton outlet online It had warned in September costs related to the U.S.S. programme could impact its profitability. programme could impact its profitability.
The cantonal banks said they would join the programme in a category for banks that admit or at least cannot rule out that some U.
The cantonal banks said they would join the programme in a category for banks that admit or at least cannot rule out that some U.S.louis vuitton usaS.[url=http://www.tustininformationcenter.com title=louis vuitton usa]louis vuitton usa[/url] clients had untaxed money in their accounts. clients had untaxed money in their accounts.
About 100 banks are expected to take part in the scheme by the end of the year.
About 100 banks are expected to take part in the scheme by the end of the year. They will have to face penalties of up to 50 percent of untaxed assets they managed for U. They will have to face penalties of up to 50 percent of untaxed assets they managed for U.S.louis vuitton neverfull gmS. clients. clients.
The U.
The U.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]S.S. Department of Justice (DOJ) warned Swiss banks in a statement last week that they took the risk of being targeted and prosecuted if they didn\'t join the program.louis vuitton outlet online Department of Justice (DOJ) warned Swiss banks in a statement last week that they took the risk of being targeted and prosecuted if they didn\'t join the program.
Several Swiss banks, including Credit Suisse and Julius Baer, are already under formal criminal investigation in the United States.
Several Swiss banks, including Credit Suisse and Julius Baer, are already under formal criminal investigation in the United States. Their cases have been frozen pending a solution for the wider Swiss banking sector. Their cases have been frozen pending a solution for the wider Swiss banking sector.
(Reporting by Silke Koltrowitz; Editing by John Stonestreet)
FILED UNDER: MONEYREGULATORY NEWSBREAKINGVIEWS
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Comments (1)
Tiu wrote:
The Swiss are very happy to facilitate crime in other countries while keeping their own antiseptically clean.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
Tiu wrote:
The Swiss are very happy to facilitate crime in other countries while keeping their own antiseptically clean.
A very sick nation.
A very sick nation.[url=http://www.tustininformationcenter.com title=louis vuitton neverfull gm]louis vuitton neverfull gm[/url]
Dec 16, 2013 6:42am EST -- Report as abuse
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