India pushing Swiss tax authorities for details of Indian HSBC customers
April 21st, 2015
INDIAN tax authorities are pushing their Swiss counterparts to disclose financial details of Indian nationals with accounts at HSBC Switzerland.The Swiss Federal Tax Administration has written to HSBC, listing individuals the Indian tax authorities have identified as potentially evading tax, telling the bank to ask these clients to appoint representatives, usually lawyers, in Switzerland, a spokesman for the tax administration told Fraud Intelligence. The spokesman declined to say how many Indian account holders are involved. He added Swiss tax authorities are ...
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