A Swiss-American deal Swiss-US could expose Americans who have used Swiss banks to avoid paying taxes. Photo: Reuters A Swiss-American deal Swiss-US could expose Americans who have used Swiss banks to avoid paying taxes. Photo: Reuters
A Swiss-American deal Swiss-US could expose Americans who have used Swiss banks to avoid paying taxes. Photo: Reuters

Swiss-US deal lifts cloak on tax cheats

Banks that helped Americans evade payment will be forced to give details of account holders, and to pay penalties expected to exceed US$1b

A Swiss-American deal Swiss-US could expose Americans who have used Swiss banks to avoid paying taxes. Photo: Reuters A Swiss-American deal Swiss-US could expose Americans who have used Swiss banks to avoid paying taxes. Photo: Reuters
A Swiss-American deal Swiss-US could expose Americans who have used Swiss banks to avoid paying taxes. Photo: Reuters
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