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Swiss Bank ZKB To Pay $98.5M For Role In US Tax Avoidance

By Natalie Olivo (August 13, 2018, 8:50 PM EDT) -- Swiss bank Zürcher Kantonalbank has agreed to pay $98.5 million after admitting to helping U.S. clients dodge taxes by letting them stash money in undeclared accounts that used code names and shell companies, Manhattan federal prosecutors announced Monday....

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