United States Asks Court to Enforce Summons for UBS Swiss Bank Account Records
United States Asks Court to Enforce Summons
for UBS Swiss Bank Account Records
The government filed a lawsuit today in Miami against Swiss bank UBS AG. The lawsuit asks the court to order the international bank to disclose to the Internal Revenue Service (IRS) the identities of the banks U.S. customers with secret Swiss accounts. According to the lawsuit, as many as 52,000 U.S. customers hid their UBS accounts from the government in violation of the tax laws.