EU Tax Chief Urges Swiss to End Bank Secrecy

The European Union official in charge of tax policy tried to persuade Switzerland on Monday to agree to surrender more information about clients of its big banking industry as part of a drive to combat tax evasion.
Commissioner Algirdas Semeta’s meeting with Swiss Finance Minister Eveline Widmer-Schlumpf in Bern came as British Prime Minister David Cameron was due to put his aim of fighting tax evasion on the agenda of a G8 summit he is hosting on Monday and Tuesday.
“It is …

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