“Switzerland’s highest court ruled on Friday that Swiss bank Credit Suisse was free to transfer data to US authorities concerning clients suspected of tax dodging, ending a long series of legal challenges. In its decision, the Alpine country’s Federal Supreme Court rejected an appeal by Credit Suisse clients and gave its blessing to a request made in 2011 by Washington for data on clients suspected of evading US taxes. The federal court on Friday ruled that Washington’s broad request ‘was not a fishing expedition’ even though the request did not specifically name the suspected clients.”
http://www.thelocal.ch/20130706/swiss-court-oks-credit-suisse-data-transfer-to-us
Related posts:
Did anyone read the latest spending bill?
Hospital investors ‘sold’ on Obamacare
The best and worst states for taxpayers
How municipalities in St. Louis County, Mo., profit from poverty
Airbnb loses thousands of hosts in SF as registration rules kick in
Bitcoin fever: The virtual money everybody may use someday
Defense Secretary Panetta admits the Pentagon and Clinton supported arming Syrian rebels
Vladimir Putin defends the U.S. on spying programs, drones and Occupy Wall Street
Highway bill revives the Export-Import Bank after only five months
Houston-area officer indicted in death of teenager
Feinstein insists NSA’s massive snooping operations are ‘not surveillance’
Cop fired 12 shots, hit unarmed man 10 times, Charlotte police say
Uruguay becomes first country to legalize marijuana trade
U.S. Sued For Flooding Some Houston Neighborhoods to Save Others
Why Europe’s most powerful man got covered in confetti