Les Echos - Les Echos

The Court of Appeal of Paris sentenced UBS to a penalty of 1. 8 billion euros in damages, for encouraging wealthy French clients to open accounts in Switzerland without the knowledge of the tax authorities between 2004 and 2012. A lower sentence than in the first instance, since it had been sentenced to a penalty of 4.5 billion euros in February 2019.


Published on Dec. 13th, 2021 Published on Dec. 13th, 2021
Scenario: Conduct / Customer Tax Evasion

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