Swiss can't offer more to Germany, U.S. in tax row: finance minister

Switzerland cannot make further concessions to Germany and the United States in a dispute over untaxed funds in secret bank accounts, Swiss Finance Minister Eveline Widmer-Schlumpf was quoted as saying ...

ZURICH (Reuters) - The Swiss government agreed on Wednesday to create a legal basis that will allow its banks to settle investigations by U.S. authorities into their role in helping wealthy Americans evade billions of dollars in tax.

Complete the following SAT logic question: Cyprus : Russian depositors :: Switzerland : [X] If you answered X = US depositors (for now... soon many more), you are correct.

ZURICH (Reuters) - Switzerland's finance minister is confident a deal to tax German assets stashed in the country will go ahead, despite calls by Germany's opposition Social Democrats (SPD) to scupper the agreement because it is too lax in tackling tax evaders. Switzerland and Germany hammered out a new deal in April to confront tax evasion, but SPD members have said they will block it in the upper house of parliament. "I still think that we can manage it. But it will be difficult," the minister, Eveline Widmer-Schlumpf, told the Sonntag newspaper in an interview. ...

ZURICH (Reuters) - U.S. officials seem to want an end to a dispute over wealthy Americans with hidden Swiss offshore bank accounts before the U.S. presidential election in November, the Swiss finance minister said in a newspaper interview on Saturday. "My impression at the moment is that the U.S. wants a solution by the elections. Both sides endeavour to find a solution in the foreseeable future," Switzerland's finance minister Eveline Widmer-Schlumpf told Basler Zeitung.