United States v. UBS AG: Has the United States Successfully Cracked the Vault to Swiss Banking Secrecy?

Authors

• Eric M. Victorson, Benjamin N. Cardozo School of Law

Abstract

The article examines the legal and diplomatic efforts of the United States to combat tax evasion by American citizens using Swiss bank accounts, focusing on the landmark case of United States v. UBS AG. It highlights how the U.S. successfully challenged Switzerland's banking secrecy laws through treaty revisions and legal actions, ultimately achieving greater transparency and setting a precedent for international tax enforcement.

Disciplines

Banking and Finance Law | Criminal Law | Criminal Procedure | Law

Recommended Citation

Eric M. Victorson, United States v. UBS AG: Has the United States Successfully Cracked the Vault to Swiss Banking Secrecy?, 19 Cardozo J. Int'l & Comp. L. 815 (2011).
Available at: https://larc.cardozo.yu.edu/cjicl/vol19/iss3/9