Credit Suisse Printing Out Syllabi For Senate Subcommittee Hearing Re: Tax Evasion 101

Group AG Chief Executive Brady Dougan is scheduled to testify Wednesday at a U.S. Senate subcommittee hearing on offshore tax evasion, a move that comes as the Swiss bank seeks to settle allegations it helped Americans evade their obligations. According to a witness list made public on Monday, Robert Shafir and Hans-Ulrich Meister, who jointly run Credit Suisse’s private banking and wealth management division, as well as Romeo Cerutti, the bank’s general counsel, will join Mr. Dougan at the hearing. A separate panel will include Kathryn Keneally, U.S. assistant attorney general for the Justice Department’s tax division. The hearing will focus on “efforts to hold Swiss banks and their U.S. clients accountable for unpaid taxes on billions of dollars in hidden assets,” according to a press release from the U.S. Senate Permanent Subcommittee on Investigations, which is conducting the hearing. [WSJ]

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6 Responses to “Credit Suisse Printing Out Syllabi For Senate Subcommittee Hearing Re: Tax Evasion 101”

  1. Guest says:

    Dear CS,

    Should have been first to settle, then you wouldn't be going through this.

    Your pal,

  2. Very useful information blog. I am inspired.

    Thank you

  3. Brennan Tax says:

    Let's hope this hearing would settle all their issues.

  4. Great blog post. It’s useful information.

  5. Ken Parker says:

    I always like to read a quality content having accurate information regarding the subject and the same thing I found in this post.

    Thanks for your sharing.

  6. Dan Jackson says:

    I wonder what made the whole thing the started that they have to file lawsuit.