(Bloomberg) — Swiss prosecutors asked a Zurich court to sentence Rudolf Elmer, a former employee of Julius Baer Group Ltd., to three and a half years in prison for revealing details of client accounts via WikiLeaks. “He calls himself a whistleblower, thus dressing himself in a cloak
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The courtroom victory of the only Swiss banker to beat the U.S. in a trial over offshore tax evasion may embolden other indicted financial workers to leave a legal limbo some have occupied more than five years.Twenty-five offshore bankers, lawyers and advisers have yet to answer U.S.
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Senior officials at the Federal Deposit Insurance Corporation actively sought to crack down on legal businesses that the Obama administration – or the officials themselves – deemed morally objectionable, a new congressional report finds. Released today by the House Oversight and Government Reform Committee, the 20-page investigative
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The ATO has released its anticipated guidance on crypto-currencies, saying Bitcoin or other digital currency payments will be taxed like a non-cash barter transaction.
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German customs confiscate documents shipped from Coutts Trust Company in Cayman Customs officials in Hamburg, Germany, have confiscated two containers with thousands of offshore banking records that were shipped from the Cayman Islands, according to German media. Sunday newspaper Welt am Sonntag reported the containers included 14,000
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