As I understand the information in the articles, the Swiss Federal Supreme Court held that an unnamed bank could not turn over information regarding lawyers and a law firm related to account disclosures the bank made to DOJ Tax under the Swiss Bank Program. But, according to the Law 360 article:
the court said that the handover of such data could be justified under certain circumstances, such as disputes with the U.S. that may erode the reputation of Switzerland’s financial sector and that of Switzerland as a reliable negotiating partner.
If anyone has the decision, preferably in English, or other information about it, I would appreciate them posting as comments (with a link) or emailing me at jack@tjtaxlaw.com.
No comments:
Post a Comment
Comments are moderated. Jack Townsend will review and approve comments only to make sure the comments are appropriate. Although comments can be made anonymously, please identify yourself (either by real name or pseudonymn) so that, over a few comments, readers will be able to better judge whether to read the comments and respond to the comments.