Swiss and US set to clash again on bank secrecy

Article reports that Switzerland and the US were gearing up for another bruising confrontation over bank secrecy amid reports Washington in September 2011 had given Bern an ultimatum to deliver further names of American taxpayers with undisclosed Swiss accounts.

The US demand follows both the United Kingdom and Germany in doing so.

ESO: Background information: US-Swiss tax accord stalls after vote http://www.europeansources.info/record/us-swiss-tax-accord-stalls-after-vote/

Swissinfo.ch, 4.9.11: US issues new bank data deadline http://www.swissinfo.ch/eng/business/US_issues_new_bank_data_deadline.html?cid=31054922

Deutsche Welle, 5.9.11: US calls on Switzerland to give up names of suspected tax cheats http://www.dw-world.de/dw/article/0,,15364507,00.html

ESO: Background information: Swiss tax deal to raise UK revenue http://www.europeansources.info/record/swiss-tax-deal-to-raise-uk-revenue/

Swissinfo.ch, 5.9.11: Banks say US tax deal must respect Swiss law http://www.swissinfo.ch/eng/business/Banks_say_US_tax_deal_must_respect_Swiss_law.html?cid=31064066

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