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Monday, February 23, 2009
Battle over UBS secret accounts
A federal judge decided Monday it will take months to determine if and when the IRS will learn the identities of 52,000 wealthy Americans who have secret accounts at Swiss bank UBS AG.
U.S. District Judge Alan S. Gold set a July 13 hearing on the IRS lawsuit, unless an agreement is reached first. UBS claims that turning over the account names would violate Swiss privacy law and jeopardize the bank's license to stay in business. MORE
D. Brian Blackwell
U.S. District Judge Alan S. Gold set a July 13 hearing on the IRS lawsuit, unless an agreement is reached first. UBS claims that turning over the account names would violate Swiss privacy law and jeopardize the bank's license to stay in business. MORE
D. Brian Blackwell
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