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US tax services want more

After UBS they are waiting for the same from HSBC

Publication date: 7 July 2010

American tax regulators have launched investigation against clients of the HSBC bank who are suspected in hiding their accounts in India and Singapore from taxation. Experts think it is very unlikely the officials will be satisfied with UBS clients and will certainly look for tax dodgers around the world.

After the story with Swiss UBS, the US Ministry of Justice and tax services want the same form British HSBC: they need information on tax dodgers and the ones only suspected in tax evasion.