PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Friday, August 30, 2013

U.S., Swiss Strike Deal On American Tax Evaders

The U.S. government and Switzerland have reached an agreement that could expose Americans who have used Swiss banks to avoid paying taxes.

The agreement will allow Swiss banks to settle any potential U.S. charges if they disclose extensive information about their American clients, the value of their accounts and any help they received from tax professionals.

Those settlements would include penalties for Swiss banks that helped their U.S. customers avoid taxes, according to a senior Justice Department official.

The total penalties could top $1 billion, the official said. The department could also use the information to prosecute Americans for tax evasion.

Guest

  • Marty Schenker, executive editor of top news for Bloomberg. He tweets @mschenker.

Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

June 6 Comment

Introducing A New Here & Now Website

Coming June 9, 2016, Here & Now listeners and visitors will experience our stories and journalism online in a whole new way.

June 3 Comment

Teenagers Create Impromptu Exhibit At San Francisco Museum Of Modern Art

As the pair toured the museum, they wondered if they could do better. So 16-year-old Kevin Nguyen decided to get creative.

June 3 3 Comments

‘Silver Linings Playbook’ Author Explores Conformity, Mental Health In New Teen Novel

Matthew Quick published his fourth young adult book, "Every Exquisite Thing," this week.

June 2 13 Comments

Do Meal Kits Provide Great Taste Along With Convenience?

Resident chef Kathy Gunst tested a multitude of meal kits, and gives co-host Jeremy Hobson the inside scoop.