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Citigroup, BNY Mellon Records Sought by IRS in ZKB Tax Probe (1)

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The U.S. won court permission to ask Citigroup Inc. and Bank of New York Mellon Corp.  for records of U.S. clients of Zuercher Kantonalbank to determine whether they evaded taxes, records show. ZKB, the biggest of Switzerland’s publicly owned regional banks, “conspired with U.S. taxpayers to help them conceal their…

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Click here to read the full story: Bloomberg Business Week

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