The US Department of Justice has reportedly said that it expects to strike more non-prosecution agreements with Swiss banks over cooperation regarding US investigations into tax evasion by US citizens; a number of non-prosecution agreements are expected to be signed in the “very near future”. “I would stay tuned,” Acting Assistant Attorney General Caroline Ciraolo of the Justice Department’s Tax Division said in an interview late on Tuesday, adding that a number of non-prosecution agreements will be signed in the "very near future." In addition, Switzerland is also negotiating an agreement on banking secrecy between its government and the United States.
The US Department of Justice has reportedly said that it expects to strike more non-prosecution agreements with Swiss banks over cooperation regarding US investigations into tax evasion by US citizens; a number of non-prosecution agreements are expected to be signed in the “very near future”. In addition, Switzerland is also negotiating an agreement on banking secrecy between its government and the United States.