Swiss bank helping rich Americans dodge taxes – Senate ...News

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Swiss bank helping rich Americans dodge taxes – Senate
Credit Suisse violated its own 2014 plea agreement, US lawmakers claim Swiss bank Credit Suisse is complicit in an ongoing scheme by wealthy Americans to evade taxes, despite an earlier commitment to a crackdown, the US Senate Finance Committee reported on Wednesday. Credit Suisse pleaded guilty in 2014 to criminal charges for helping rich US clients hide assets in offshore accounts to avoid paying taxes. As part of the plea agreement, the bank pledged to crack down on tax dodgers. However, according to the results of a two-year investigation by the committee, the bank failed to comply. The probe claims to have un

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