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Tax Notes Talk - Bad Credit: A Look at Switzerland’s Bank Secrecy

Bad Credit: A Look at Switzerland’s Bank Secrecy

Tax Notes Talk

04/07/23 • 30 min

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Tax Notes contributing editor Robert Goulder discusses the history of bank secrecy, Credit Suisse’s role in it, and the bank’s recent collapse.
For additional coverage, read these articles in Tax Notes:

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This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxplanning23.
This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax/events.
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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner and Audio Engineer: Jordan Parrish
Guest Relations: Alexis Hart

04/07/23 • 30 min

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Tax Notes Talk - Bad Credit: A Look at Switzerland’s Bank Secrecy

Transcript

David D. Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International. This week: Can you keep a secret?

Bank secrecy is once again in the spotlight with Credit Suisse getting new scrutiny after its recent dramatic collapse. In March, the U.S. Senate Finance Committee released a report about the bank's violation of a plea deal related to tax evasion. However, this isn't the first time banking in Switzerland has been examin

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