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Home / Focus / Banking & Finance March 2009 / Switzerland breaks with tradition on tax evasion (access required)

Switzerland breaks with tradition on tax evasion (access required)

BERN, Switzerland — The Swiss government has said it would cooperate on cases of international tax evasion, breaking with a long-standing tradition of protecting wealthy foreigners accused of hiding billions of dollars in the Alpine nation. The government insisted it would hold onto its cherished banking secrecy rules, but said other countries could now expect ...

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