International Financial Law Prof Blog

Editor: William Byrnes
Texas A&M University
School of Law

Thursday, August 4, 2016

IRS Soon Receiving US Customer Data from HSBC's Swiss Bank

SwissInfo Media service reports that: 

The Swiss Federal Tax Administration on Tuesday confirmed a report by Reuters that HSBC Switzerland had handed over the files, which could be sent on to the US Internal
Treasury-Dept.-Seal-of-the-IRSRevenue Service (IRS). No details were given about the number of clients affected or the amount of assets concerned.
 

Previous news releases: 

https://lawprofessors.typepad.com/intfinlaw/2016/08/irs-soon-receiving-us-customer-data-from-hsbcs-swiss-bank.html

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