Julius Baer

The IRS' amnesty program, which ends Sept. 23, has helped the agency identify about 10 Swiss and European banks being used by U.S. citizens for offshore accounts. This does not necessarily mean that the banks are helping their U.S. account holders to evade taxes, but it gives the IRS new places to...

The ongoing saga of UBS vs. the IRS has resulted in what looks like a win for the Internal Revenue Service, even if it doesn't get any more names from UBS (UBS). Swiss banks have frozen out U.S. clients, so Switzerland will no longer be a tax haven for the wealthy who used Swiss secrecy to avoid...