BERLIN, July 6 /PRNewswire-USNewswire/ -- AJC sent a letter to all five party groups in the German parliament expressing deep disappointment at the recent passage of a cross-party resolution condemning Israel's blockade of Gaza.
Swiss Parliament Votes to Allow Disclosure of UBS Accounts
In a blow to the Swiss tradition of banking secrecy, the Swiss Parliament voted today to allow UBS AG to carry out its agreement with the U.S. government. Under the terms of the agreement, UBS promised to disclose the identities of U.S. taxpayers with hidden accounts at the Swiss bank. In exchange, the U.S. government agreed to not prosecute UBS for its role in assisting U.S. tax evaders. UBS plans to disclose the names and account details of 4,450 accounts held by US citizens suspected of tax evasion.
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