As of Monday, the Paris Court of Appeal has postponed its decision on UBS. The Swiss bank charges include aggravated tax laundering and illegal canvassing in France between 2004 and 2012. The €3.7 billion fine imposed in February 2019 was the largest tax evasion penalty ever imposed in France.
In the case between the largest Swiss bank, UBS, and the French State, the Paris Court of Appeal will issue its verdict next Monday. Prosecuted for aggravated tax fraud laundering and illegal canvassing, the bank was sentenced almost two and a half years ago in first instance to a record fine of 3.7 billion euros […]