Credit Suisse

A Swiss bank that UBS bought helped rich Americans evade taxes even after pledging to stop the practice.

IRS happenings; minimal talk of de minimis; new blog on the block; and other highlights from our favorite tax bloggers.

A Brazilian-American businessman became the second former Credit Suisse client to plead guilty within the last week to hiding millions of dollars in assets.

Gilda Rosenberg, a Florida businesswoman, admitted in a Miami federal court that she conspired to defraud the U.S., evade taxes and fail to file FBARs.

Officials are weighing whether the bank — now owned by UBS — breached a 2014 plea deal in which it paid $2.6 billion and admitted helping Americans evade taxes.

UBS Group is close to making a settlement of at least hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the DOJ.

UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.

Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.

A Brazilian-American businessman who lives in Florida was charged with using Credit Suisse Group AG, UBS Group AG and other Swiss banks to hide more than $20 million in assets from U.S. tax authorities over 35 years.

The customers include a Brazilian businessman whose Florida residence was raided by the IRS and a Colombian family featured in a Senate report about the bank's role in tax evasion schemes.