Swiss bank UBS fined €1.8 billion over tax evasion in French appeal
PARIS: A French court fined Swiss bank UBS €1.8 billion ($2.0 billion) on Monday on appeal for its role in helping French residents commit tax fraud. UBS took the fight to the Paris appeals court after being initially hit with a €3.7 billion fine in a ruling in 2019, France’s biggest-ever tax evasion penalty. The … Read more