The US sought to make UBS Group AG turn over records on an account in Singapore held by a US citizen, possibly forcing a showdown with the city-state over its bank-secrecy laws and opening a new front against offshore tax evasion beyond Switzerland.
The Internal Revenue Service asked a federal judge in Miami to force UBS, the largest Swiss bank, to produce records on Ching-Ye Hsiaw, who lives in China. The judge on Wednesday told UBS to show up in court on March 31 to explain why it has refused to supply the account records.
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The Internal Revenue Service asked a federal judge in Miami to force UBS, the largest Swiss bank, to produce records on Ching-Ye Hsiaw, who lives in China. The judge on Wednesday told UBS to show up in court on March 31 to explain why it has refused to supply the account records.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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