UBS Offshore Account FBAR Update

UBS Offshore Account FBAR Update

New Development in Offshore Tax Enforcement — UBS and Justice Department Agree on Major Issues

The United States government has been pressing UBS AG, one of the Switzerland’s largest banks, to release the names of a reported 52,000 wealthy Americans with accounts at the bank. Federal authorities suspect that some U.S. taxpayers may be using accounts at UBS to evade taxes. A civil case brought by the United States against [...]

UBS Client Pleads Guilty to Filing False Tax Returns for Failure to Report Swiss Bank Accounts

Offshore Tax Evasion by UBS Client