Swiss bank will pay $122.9 million after helping U.S. citizens hide billions in assets

Swiss bank will pay $122.9 million after helping U.S. citizens hide billions in assets

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A private Swiss bank will pay $122.9 million in back taxes and penalties after admitting it helped clients hide assets from the IRS between 2008 and 2014. According to court filings and the Justice Department, Banque Pictet & Cie, Co helped a group of U.S. taxpayers hide $5.6 billion in order to…

#justicedepartment #banquepictetcieco #banquepictet #cie #stuartmgoldberg #pictetgroup

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