May 29, 2013
Switzerland has accepted a United States demand to settle a dispute over the alleged complicity of Swiss banks in tax evasion by Americans, Finance Minister Eveline Widmer-Schlumpf announced Wednesday.
“This is both a good and a practical solution,” Widmer-Schlumpf told reporters after a cabinet meeting approved the draft accord.
She indicated that the Swiss government had been presented with a take it or leave it offer by Washington.
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