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Tag Archives: Stephan Fellmann

Zurich bank settles tax evasion probe with US

The Zürcher Kantonalbank agrees to pay $98.5 million as part of a settlement with US tax authorities after a seven-year investigation into the bank’s activities with US customers. The Zürcher Kantonalbank (ZKB) has agreed to pay the United States Department of Justice (DOJ) $98.5 million (CHF97.7 million) to resolve a long-running investigation into its role in tax evasion by wealthy Americans using undeclared Swiss...

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