Vast Leak Exposes How Credit Suisse Served Strongmen and Spies
Leaked data on more than 18,000 accounts shows that the Swiss bank missed or ignored red flags. By Jesse Drucker and Ben Hubbard Feb. 20, 2022 The client rosters of Swiss banks are […]
Switzerland in the age of automatic exchange of banking information
By Armando Mombelli Sep 17, 2019 – 10:38 A year ago, Switzerland began to pass on data on the bank accounts held by foreigners in Swiss banks to around […]
DOUBLE TROUBLE: US expats feel the burden of FATCA
by Simon Bradley, swissinfo.ch May 28, 2013 US anti-tax evasion legislation known as FATCA – the Foreign Account Tax Compliance Act – has caused upheaval among the American expat community and dual Swiss-US nationals living in Switzerland where it was agreed in February. “People are very angry and upset but […]
Facebook among US corporations that pay no income taxes
As a result of tax loopholes and deductions, the social media giant Facebook paid no income taxes for the fiscal year 2012, despite reaping $1.1 billion in US corporate profits, […]