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GENEVA — U.S. officials have set an ultimatum for Switzerland to hand over details on the number of Americans suspected of using Swiss banks to cheat on their taxes, Swiss media reported Sunday.
Failure to do so could mean charges against one or more Swiss banks, including Credit Suisse Group, according to the SonntagsZeitung and NZZ am Sonntag newspapers.
SonntagsZeitung reported it had obtained a copy of a letter sent to senior Swiss diplomat Michael Ambuehl by U.S. Deputy Attorney General James Cole on Aug. 31, demanding to know how many Americans might have avoided paying taxes by hiding money in Swiss banks.
The U.S. Embassy in Bern referred queries to a Justice Department spokesman, who couldn’t immediately be reached Sunday.
