The Department of Justice (DOJ) said Credit Suisse Services AG will pay more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts. The more than $510 million in “penalties, restitution, forfeiture and fines” that Credit Suisse Services AG must pay are part of a guilty […]
Source: Banking Giant Hit with Massive Fine for Helping Wealthy US Clients Evade Taxes