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U.S. and Switzerland Sign Agreement to Bolster Tax Information Exchange

News release: “As part of the Obama Administration’s aggressive efforts to enforce U.S. tax laws and reduce offshore tax evasion, the U.S. Department of the Treasury today announced that Treasury Secretary Tim Geithner and Swiss Ambassador to the United States Urs Ziswiler signed a protocol updating the current income tax treaty between the United States and Switzerland to allow for greater tax information exchange.”

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