UBS pledges to attraction in opposition to ruling in French tax circumstance

Related eBooks


UBS pledged on Tuesday to attraction in opposition to a French ruling not to permit it intervene in proceedings in opposition to a former staff in a very long-functioning circumstance in which the Swiss lender has been accused of aiding rich shoppers stay clear of spending taxes. ‍​

FILE Photo: The workplaces of Swiss lender UBS are witnessed in the economical district of the Town of London, Britain October 31, 2012. REUTERS/Chris Helgren/File Photo

ZURICH: UBS pledged on Tuesday to attraction in opposition to a French ruling not to permit it intervene in proceedings in opposition to a former staff in a very long-functioning circumstance in which the Swiss lender has been accused of aiding rich shoppers stay clear of spending taxes. ‍​

“We (UBS France SA) choose notice of the determination of the Investigation Chamber to not confess the lender as a ‘partie civile’ in the guilty plea proceedings in opposition to a single of our former staff members,” UBS said in an electronic mail. “We will attraction this determination.”

(Reporting by John Miller and Josh Franklin in Zurich Enhancing by Michael Shields)



Source link
NEWSFEEDCNA

Leave a Reply

Your email address will not be published. Required fields are marked *