Biz, U.S.: UBS says its Swiss bank account-holders “wanted to evade” taxes
- The clients are not just harmless victims. They knew what they wanted to evade. But they trusted the bank that it would work. Now we have to correct that.
- UBS chairman Kaspar Villiger • Describing the clients that they just had to rat out to the U.S. government for hiding their income in Swiss bank accounts to avoid taxes. While they transferred their information to the U.S., they claim no responsibility to actually make sure those clients actually pay taxes. • source