Task Force Blog

Issues in the News

Swiss banks’ veil of secrecy slips

July 14, 2009

New Zealand Herald

For more than a year, the Internal Revenue Service, the feared tax-collecting agency of the US government, has been revving the engines and aiming a bulldozer at Switzerland’s historic banking secrecy laws.

Its demand that UBS, the Swiss banking giant, hand over the names of 52,000 Americans with offshore accounts has sent the Swiss establishment into paroxysms and threatened a diplomatic incident.

Continue reading at nzherald.co.nz

Share
Latest Press Releases

Civil Society, Business Groups Call on Congress to Support Incorporation Transparency, Ban Anonymous U.S. Shell Companies

FACT Coalition · May 16, 2012

WASHINGTON, DC – Today, 41 business and civil society groups sent a letter to every member of the U.S. House of Representatives ...

Glencore ‘should explain potentially corrupt deals in Congo’ – Global Witness

Global Witness · May 5, 2012

LONDON - Global Witness is today calling on Glencore to explain potentially corrupt deals in the Democratic Republic of Congo, and is ...

Apple Tax Dodging Techniques Emblematic of Problem Costing U.S. $100 Billion, Poor Nations $1 Trillion Annually

Global Financial Integrity · April 30, 2012

WASHIGNTON, DC – A front-page article in Sunday’s edition of The New York Times drew attention to shady accounting techniques utilized by ...