UBS tax deal in trouble

ubsThe Swiss government says it may have to renegotiate that deal with the U.S. Internal Revenue Service to hand over names of thousands of tax cheats in return for ending legal proceedings against the Swiss banking giant UBS.  Law Professor Daniel Berman, a former U.S. Treasury deputy international tax counsel, says the Swiss government has no choice but to comply with the agreement.

“If doing so will require a change in the domestic laws of Switzerland, then Switzerland will have to modify its laws.”

Contact Daniel Berman, 617-353-3105, bermand@bu.edu

Post a Comment

Your email address is never shared. Required fields are marked *