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U.S. Offers 11 Swiss Banks Deal to End Tax Row

* Swiss in talks with U.S. over investigation into 11 banks * Banks to avoid criminal charges in exchange for fine, information * Banks would reveal details of U.S. offshore business ZURICH, Dec 18 –...

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Cyprus “Bailout Tax” Poses Big Threat To Offshore Tax Cheats

The “Cyprus solution” of raiding deposits to shore up battered banks’ balance sheets suggests weak offshore havens may have bigger things than the IRS to worry about. The good people of Cyprus are less...

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