Swiss Bank Secrets: UBS and U.S. Taxpayers
The Swiss bank UBS has struck a deal with the U.S. government. Washington has been fighting for the release of some 52,000 names of wealthy Americans suspected of evading taxes by hiding billions of dollars in secret bank accounts with UBS and other Swiss banks. To help us understand the details of the deal and the impact on clients of the bank, The Takeaway turns to Bill Sharp, a lawyer who represents a number of clients with Swiss bank accounts.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!