HALISTER1: Credit Suisse Pays EU109.5M to End Italian Tax Probe

Credit Suisse Pays EU109.5M to End Italian Tax Probe

(Bloomberg) -- Credit Suisse says it agreed to pay EU8.5m for administrative infringements and EU101m in taxes, late payment interest and penalties to end investigation of previous cross-border business with Italian clients.
  • Investigation began in 2014
  • Credit Suisse comments in e-mailed statement
  • NOTE Feb 19: Credit Suisse Said to Face Money-Laundering Probe in Italy
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
CSGN VX (Credit Suisse Group AG)

To de-activate this alert, click here

UUID: 7947283