BERNE, Aug 20 (Reuters) - Switzerland's banks should not run into further tax trouble with the U.S. taxman now that a damaging dispute with UBS has been cleared up, Switzerland's top tax diplomat, Michael Ambuehl, said on Friday.
Ambuehl was the chief Swiss government negotiator in the talks that led UBS, Switzerland's biggest bank, to settle a bitter U.S. tax probe that nearly brought down the lender.
In order to avert a U.S. court case, Switzerland and UBS had to promise in August 2009 that they would disclose bank information about 4,450 U.S. account holders of UBS suspected of tax evasion.
When asked if other Swiss banks faced similar problems with U.S. authorities now the UBS ordeal was over, Ambuehl said: 'There is no evidence of that.'
(Reporting by Lisa Jucca; editing by Simon Jessop) Keywords: SWISS BANKS/TAX (jason.rhodes@thomsonreuters.com; +41 58 306 7312; Reuters Messaging: jason.rhodes.reuters.com@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Ambuehl was the chief Swiss government negotiator in the talks that led UBS, Switzerland's biggest bank, to settle a bitter U.S. tax probe that nearly brought down the lender.
In order to avert a U.S. court case, Switzerland and UBS had to promise in August 2009 that they would disclose bank information about 4,450 U.S. account holders of UBS suspected of tax evasion.
When asked if other Swiss banks faced similar problems with U.S. authorities now the UBS ordeal was over, Ambuehl said: 'There is no evidence of that.'
(Reporting by Lisa Jucca; editing by Simon Jessop) Keywords: SWISS BANKS/TAX (jason.rhodes@thomsonreuters.com; +41 58 306 7312; Reuters Messaging: jason.rhodes.reuters.com@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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