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UBS to provide data on 4,450 accounts in IRS tax accord

UBS AG, Switzerland's largest bank, will divulge information on 4,450 accounts to settle a U.S. lawsuit that sought names of American clients suspected of evading taxes. Switzerland and the U.S. announced the agreement Wednesday, resolving a six-month legal tussle that put unprecedented pressure on Swiss banking secrecy. The accord will help the U.S. pursue "tax cheats ...

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