In addition to the recent case against Swiss banking concern UBS, the government will probe thousands of additional cases of U.S. citizens evading taxes through offshore bank accounts, said Kevin Downing, a senior tax attorney at the Justice Department, at a lecture here. He noted that the U.S. expects to examine between 4,000 and 7,000 cases, with both banks and governments cooperating in the probe.rnLast year, UBS agreed to pay $780 million and hand over 4,450 client names to settle charges after it admitted helping U.S. clients evade U.S. tax law. Roughly 15,000 Americans with offshore accounts participated in an amnesty program to reduce penalties and avoid prosecution.
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