The U.S. Tax Program for Swiss Banks: What Determined the Penalties?

Research Database / FORSCHUNGSDATENBANK

Publication 4481896 | Verified

Data Entry: Please note that the research database will be replaced by UNIverse by the end of October 2023. Please enter your data into the system https://universe-intern.unibas.ch. Thanks

Login for users with Unibas email account...

Login for registered users without Unibas email account...

The U.S. Tax Program for Swiss Banks: What Determined the Penalties?

Discussion paper / Internet publication

ID	4481896
Author(s)	Lengwiler, Yvan; Saljihaj, Albana
Author(s) at UniBasel	Lengwiler, Yvan Saljihaj, Albana
Year	2018
Month and day	06-26
Title	The U.S. Tax Program for Swiss Banks: What Determined the Penalties?
Series title	WWZ Working Papers
Volume	2018
Number	20
Pages	19
Publisher / Institution	WWZ
Keywords	tax evasion, bank secrecy
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 the banks involved. This short paper tries to identify the determinants of the individual penalties that were levied by the DoJ.
edoc-URL	https://edoc.unibas.ch/64980/
Full Text on edoc	Available

03/05/2024

Research Database / FORSCHUNGSDATENBANK