Replies

11 posted on 10/01/2009 8:24:08 AM PDT by Alaphiah123 (The corruption of man, as Emerson wrote, leads to the corruption of language. And the corruption of)

The actual agreement between the IRS and the Swiss government is here:
www.irs.gov/pub/irs-drop/us-swiss_government_agreement.pdf

As explained in this Forbes article,

http://www.forbes.com/2009/08/19/ubs-irs-taxes-business-beltway-ubs.html

“The agreement is the latest chapter in a year-long attempt by the IRS to go after tax evaders with Swiss bank accounts at UBS. In February, UBS agreed to pay $780 million to avoid criminal prosecution for its activities in the U.S. promoting the hidden accounts.”