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Old 11-09-2011, 09:02 AM  
halfpint
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Credit Suisse to hand over US account tax details

Ohh Hiding monies from the tax man...........

Swiss bank Credit Suisse has sent letters to some US clients, saying their account details may be given to the Internal Revenue Service.

It is unclear how many US clients have been notified, but it covers accounts open from 2002 to the end of last year.

Clients are told they can either agree to the handover of data to Swiss tax authorities who can send it to their US counterparts, or contest the process.

http://www.bbc.co.uk/news/business-15635190
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