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IRS probe targets lawyers, banks as UBS data shred secrecy

An agreement by UBS AG, Switzerland's largest bank, to reveal data on 4,450 accounts may lead to a larger crackdown on tax evasion by banks and lawyers, said U.S. Internal Revenue Service Commissioner Douglas Shulman. UBS agreed Wednesday to hand over the information to settle a U.S. lawsuit seeking the names of Americans suspected of evading ...

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