Send Story by Email

Article Image
TAXES: Federal

• Reuters

The Swiss government held a special session to discuss the U.S. tax evasion case hanging over Swiss bank UBS as negotiations to settle the issue dragged on.

The Swiss government, currently in recess, is holding an extraordinary meeting.

Switzerland and the United States failed to agree on a settlement that would spare UBS a tax trial, and talks will continue until August 12, when a new status conference with U.S. Judge Alan Gold is scheduled.

 

Enter one or more email addresses below. Separate multiple addresses with a semicolon (;) or a new line. Maximum 10 email addresses at one time.