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UBS whistleblower seeks prison postponement
MIAMI (Reuters) - A key informant in the U.S. tax evasion case against Swiss bank UBS AG (UBSN.VX) (UBS.N) has asked a federal court in Florida to postpone the scheduled January 8 start of his prison term so that he can cooperate further with the U.S. government to uncover tax cheats.
Nations:U.S. Switzerland Activities:2009 US Tax Crackdown Source:(Reuters)
2009-12-27
Goldman top executives to take bonuses in stock
NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N) plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.
2009-12-10
Another UBS client gets reduced tax fraud sentence
FORT LAUDERDALE, Florida (Reuters) - A British-born Florida yacht broker and former client of Swiss bank UBS AG received a reduced, two-month prison sentence for tax fraud on Friday because he cooperated with a U.S. investigation into the bank.
Nations:U.S. Activities:2009 US Tax Crackdown Source:(Reuters)
2009-11-06
Tax bill demands reporting by banks, rich
WASHINGTON (Reuters) - U.S. Democrats aim to stop rich Americans from hiding assets offshore to evade taxes by slapping penalties on individuals and foreign banks, according to legislation introduced in the U.S. Congress on Tuesday.
People:Charles Rangel Max Baucus Barack Obama Activities:111th Congress Source:(Reuters)
2009-10-27
U.S. seeks light sentence for UBS client in tax case
MIAMI (Reuters) - The U.S. government asked for a reduced sentence on Monday for a former American client of UBS AG (UBSN.VX) who pleaded guilty to tax evasion but provided information leading to the indictment of a Swiss banker and a Zurich lawyer.
Nations:U.S. Switzerland Source:(Reuters)
2009-10-26
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