Last Swiss Bank Settles in $1.37 Billion Tax Evasion Program

Updated on
  • U.S. settled with 80 firms in 78 non-prosecution agreements
  • Prosecutors are poised to pursue tax tips around the world

After three years and $1.37 billion in penalties, the U.S. is ending a disclosure program that forced Swiss banks to reveal all the secret ways they helped Americans evade taxes.

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