Switzerland news: business, taxation and offshore

Switzerland Reports Jump In EU Withholding Tax Revenues, by Ulrika Lomas, Tax-News.com, Brussels 09/05/2008
The Swiss government announced on Thursday that gross revenues collected from interest payments under the European Savings Tax Directive increased substantially between 2006 and 2007. [ FULL STORY ]

Top UBS Private Banker Held In US Tax Probe, by Leroy Baker, Tax-News.com, New York 09/05/2008
	A senior banker employed by Swiss bank UBS has reportedly been detained by the authorities in the United States in connection with an investigation into whether the bank helped its clients evade tax there. [ FULL STORY ]

UBS Reports CHF11.5bn First Quarter Loss, by Carla Johnson, Investors Offshore.com 08/05/2008
Swiss bank UBS has announced an eye-watering first quarter loss attributable to shareholders of CHF11.5bn (USD10.9bn), as the fall-out from last year's US sub-prime mortgage meltdown continues to reverberate through the global banking industry. [ FULL STORY ]

05/05/2008 London Agreement Enters Into Force
28/04/2008 Switzerland Amends Patent Law
24/04/2008 Andorra's Foreign Minister Visits Switzerland
22/04/2008 Switzerland And Japan To Share Confiscated Assets On Conclusion Of Money Laundering Case
18/04/2008 Swiss Insurance Business Robust Despite Difficult Market Conditions
11/04/2008 UK CEOs Most Sceptical About Tax Harmonisation
10/04/2008 EU And Switzerland Remain Poles Apart In Tax Dispute
04/04/2008 Switzerland Sees Sharp Rise In Money Laundering Reports
04/04/2008 Swiss State Secretary Michael Ambühl Visits Brazil And Chile
03/04/2008 UBS Racks Up CHF12bn First Quarter Loss
03/04/2008 Man Acquires 50% Of Credit Specialist Ore Hill
01/04/2008 Schengen Area Extended To Airports
27/03/2008 Confederation To Receive CHF63.67mn For Its Earlier Share In Swiss
25/03/2008 ACE To Redomicile In Switzerland
25/03/2008 Swiss Life Opens Singapore Branch
20/03/2008 IMF Publishes Conclusions Of Article IV Consultation With Switzerland
20/03/2008 Carlyle Capital Corp To File For Compulsory Winding Up In Guernsey
19/03/2008 Yahoo To Move European Base To Switzerland
13/03/2008 SWX Rebrands Virt-x
12/03/2008 Swiss Bankers Condemn German Government In Tax Probe
12/03/2008 Hedge Fund Rapped By Swiss Regulator For Disclosure Irregularities
10/03/2008 Switzerland Appoints Tax Reform Working Groups
06/03/2008 London Still World's Top Financial Centre, Report Claims
06/03/2008 US Judge Reverses Wikileaks Ruling
05/03/2008 Germany Expects EU Support In Offshore Crackdown
26/02/2008 Swiss Voters Narrowly Accept Tax Cut Proposals

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SWITZERLAND NEWS: BUSINESS, TAXATION AND OFFSHORE