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Investors bet on quick deal in UBS tax row

Investors bet on Thursday the United States would not go as far as shutting down UBS there in a dispute over tax, instead expecting the Swiss bank to be hit by a hefty fine as part of a swift out-of-court settlement.

Judge asks if U.S. govt would shut UBS in tax fight

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A judge ordered the U.S. government to say whether it was prepared to shut Swiss bank UBS AG in the United States as part of a battle to learn the identity of 52,000 secret accounts suspected of being used by Americans to avoid taxes.
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Swiss to stop UBS handing over data in U.S. tax row

Switzerland has vowed to prevent UBS from handing over client information to U.S. authorities, in an attempt to defend bank secrecy, saying a tax case targeting its main bank is souring diplomatic ties.
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Daily Wrap Up for July 1 - Tech

China's sensor software rule delayed', not confirmed for how long - Facing strong resistance at home and abroad, China on Tuesday delayed implementation of a controversial rule that requires all manufacturers to install Internet filtering software on all new computers that are shipped and sold in China.
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EU Chamber asks China to reconsider Internet filter

The European Union Chamber of Commerce in China urged Beijing to reconsider implementing a controversial Internet filter, saying on Monday it raised serious concerns about security, privacy and user choice.The EU Chamber said it supported measures to protect children from potentially harmful content on the Internet, but this goal could be better achieved through a healthy and open dialogue on pare...
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U.S. may drop UBS tax evasion case: report

The U.S. Justice Department may drop a legal case aimed at forcing Swiss bank UBS AG to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, the New York Times reported on Tuesday.
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Internet boycott calls to mark China filter debut

Chinese Internet users are calling on fellow web surfers to stay offline on July 1, the debut of a controversial software filter that critics say the Chinese government is using to tighten censorship.
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Switzerland strikes tax deal with U.S.

Switzerland and the United States have reached agreement on a double taxation treaty, the Swiss finance ministry said on Friday, a key step toward removal from a list of tax havens.
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Swiss strike tax deal with U.S.

Switzerland and the United States have reached agreement on a double taxation treaty, the Swiss finance ministry said on Friday, a key step toward removal from a list of tax havens.
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Swiss to attend Berlin talks on tax havens

Switzerland will attend a high-level meeting on tax havens taking place in Berlin on June 23 after host Germany, the most vocal critic of Swiss bank secrecy, agreed to extend an invitation to Berne.
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Switzerland asks U.S. court to halt UBS tax case

Switzerland urged a U.S. court on Thursday to reject demands by U.S. tax authorities for information about U.S. clients of UBS AG, saying disclosure would violate its sovereignty and international law.
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UBS asks U.S. court to drop tax evasion case

UBS AG asked a U.S. court on Thursday not to proceed with a high-profile tax evasion case brought against it by the U.S. Internal Revenue Service, saying the case would violate Switzerland's strict bank secrecy laws.
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IRS says set to pursue other banks on tax evasion

The U.S. Internal Revenue Service is preparing to pursue other foreign banks for allegedly facilitating tax evasion by wealthy Americans following its high-profile case against Switzerland's UBS AG , an IRS official said on Monday.

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