NOT FOR REPRINT
Ex-Credit Suisse Clients Face Grand Jury Probes Over Taxes
News March 05, 2024 at 03:00 PM
Share & Print
What You Need To Know
- Meanwhile, the Justice Department is investigating whether the bank, now owned by UBS, helped Americans hide assets from the IRS.
- Credit Suisse pleaded guilty in 2014, paid $2.6 billion, and admitted it helped thousands of Americans evade taxes.
- Its failure to act "enabled what appears to be potentially criminal tax evasion by a client to go undetected for almost a decade," according to a Senate report.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
Is the value of employer-provided coverage under accident or health insurance taxable income to an employee when the coverage is provided for the employee’s spouse, children or dependents?
Get Answer
Recently Updated Q&As
What auto-enrollment rules apply to 401(k) plans starting in 2025?
Get Answer
Recently Updated Q&As
What are the penalties for failing to comply with the FBAR filing requirements?
Get Answer
Recently Updated Q&As
What are the payment options that must be made available to employees on FMLA leave?
Get Answer
Recently Updated Q&As
Can a 401(k) plan sponsor distribute a former participant’s account balance without consent after the participant separates from service?
Get Answer
Recently Updated Q&As
Can participation in a health FSA impact an individual’s ability to contribute to an HSA?
Get Answer
