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Europe Daily Bulletin No. 9845

21 February 2009
Contents Publication in full By article 14 / 36
GENERAL NEWS / (eu) eu/taxation
Commission hopes that Swiss Bank UBS will cooperate with member states in same way as it has with United States

Brussels, 20/02/2009 (Agence Europe) - The European Commission, on Thursday 20 February, welcomed the decision by Swiss bank UBS to cooperate with US authorities in revealing information on 250 American customers and in agreeing to pay the tidy sum of €780 million to the US taxman. “We would expect a similar request from European Union member states to be treated in the same way. Anything to improve good governance and transparency in taxation is welcome. The EU has long supported and...

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