Federal Council enables banks to set about resolving tax dispute with United States
Bern, 29.5.2013 - The Federal Council wants to create the legal basis for resolving the tax dispute with the United States. At its meeting today, the Federal Council approved a corresponding bill for the attention of parliament which enables banks to agree with the US Department of Justice to put the past to rest. The solution chosen will allow legal closure to be achieved without having to enact new legislation with retroactive effect or indeed applying emergency law.