The U.S. Tax Program for Swiss banks: what determined the penalties?
Abstract The U.S. Tax Program for Swiss banks is a very significant part of the recent history of the Swiss financial industry. It has accelerated the transformation of the Swiss banking industry from a system that relied on bank secrecy to a much more compliant one. It was also rather costly for th...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2018-12-01
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Series: | Swiss Journal of Economics and Statistics |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1186/s41937-018-0024-0 |