Wednesday, February 18, 2009

Report: UBS to give up 250 names in US tax probe

Do you have money stashed in a Swiss bank account? Those who do will be losing some sleep in the coming days. Now more than ever the government wants your hard earned tax dollars. We have to pay for all this stimulus and delinquent mortgages-Lou

Report: UBS to give up 250 names in US tax probe

Switzerland's biggest bank UBS AG will turn over the names of 250 American customers as part of a probe by U.S. authorities into alleged tax evasion, Swiss media reported Wednesday.

Geneva newspaper Le Temps said on its Web site that the bank will hand the files to the U.S. Justice Department following pressure from Washington.

Read Article Here:
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&date=20090218&id=9622630

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