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IRS gets access to 5,000 Swiss bank accounts

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The Internal Revenue Service announced Wednesday that it has reached a deal with the Swiss government, gaining access to thousands of UBS AG accounts that Americans might have used to avoid paying taxes.
IRS Commissioner Douglas Shulman said that it had gained access to about 5,000 UBS (UBS) accounts held by rich American investors. In a teleconference with reporters, Shulman said these accounts have held $18 billion in assets at one time, though he did not have a current tally for their value.

IRS gets access to 5,000 Swiss bank accounts

CNNMoney.com

NEW YORK - The Internal Revenue Service announced Wednesday that it has reached a deal with the Swiss government, gaining access to thousands of UBS AG accounts that Americans might have used to avoid paying taxes.
IRS Commissioner Douglas Shulman said that it had gained access to about 5,000 UBS (UBS) accounts held by rich American investors. In a teleconference with reporters, Shulman said these accounts have held $18 billion in assets at one time, though he did not have a current tally for their value.

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IRS gets access to 5,000 Swiss bank accounts