Meanings of untaxed assets in English

But these deals have not dealt with the issue of existing untaxed assets in Swiss accounts.

They will have to face penalties of up to 50 percent of untaxed assets they managed for U.S. clients.

These banks face penalties of up to 50 percent of untaxed assets they managed on behalf of U.S. clients.

The pact was struck with the German state of North Rhine-Westphalia in connection with untaxed assets held by German clients.

The government last month started the program, which offers lower tax rates for Indonesians who declare and repatriate untaxed assets.

The government plans to offer a tax amnesty program, giving low rates to previously untaxed assets, to improve people's compliance.

Frey is one of 14 Swiss firms under formal U.S. investigation for its dealings with U.S. clients and untaxed assets.

It has pushed clients in Europe, Latin America and Asia to participate in government programs facilitating the declaration of untaxed assets.

Germans hold an estimated 200 billion Swiss francs ($219 billion) in untaxed assets in Swiss accounts.

Frey, a private bank, is one of 14 Swiss firms under formal U.S. investigation for its dealings with U.S. clients and untaxed assets.

ZURICH (Reuters) - Swiss insurers are scrambling to defend themselves against possible investigations into billions of dollars of untaxed assets held by their American clients.

HSBC's Geneva private bank is no longer a place where wealthy people go to hide untaxed assets, according to Franco Morra, chief executive officer for(...)