A compromise between the U.S. Justice Department and Swiss banking behemoth UBS in their dispute over the release of 52,000 names of U.S. account holders most likely would focus on the more egregious violators who used corporations and foundations to cheat the Internal Revenue Service, tax experts said Monday.

Reports of settlement talks on the IRS demand for names surfaced weeks ago and were confirmed Sunday when both sides asked U.S. District Judge Alan Gold to delay an evidentiary hearing that was set to begin Monday.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]