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Last updated: 20:37:20 Sunday Dec 27, 2009


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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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