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>> UBS AG Latest News

JAN 28, 2013 - Yahoo! News

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IRS can seek UBS records for taxpayers hiding income at Wegelin

NEW YORK (Reuters) - A federal judge on Monday authorized the Internal Revenue Service to seek records from UBS AG of U.S. taxpayers suspected of hiding their income in accounts with Swiss bank Wegelin. Wegelin, the oldest Swiss private bank, pleaded guilty in Manhattan federal court on January 3 to charges of helping wealthy Americans evade taxes through secret accounts and then announced it would close down as a result. U.S. ...

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