Member Statements

• Chairman, Permanent Subcommittee on Investigations SENATOR CARL LEVIN D (MI)
  Download Statement (49.5 KB)
  
• Ranking Minority Member SENATOR JOHN McCAIN R (AZ)
  Download Statement (35.7 KB)
  

Agenda

The Permanent Subcommittee on Investigations held a hearing and issued a report entitled "Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts,” on Wednesday, February 26, 2014.  

The hearing was a continuation of the Subcommittee’s examination of tax haven bank facilitation of U.S. tax evasion, focusing on the status of efforts to hold Swiss banks and their U.S. clients accountable for unpaid taxes on billions of dollars in hidden assets. Witnesses will include representatives from a Swiss bank and the U.S. Department of Justice. 

Witnesses

REPORT: Offshore Tax Evasion:The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts

• LINK TO REPORT
  REPORT: Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts (8-20-14 update) (1.57 MB)
  

EXHIBITS (February 26, 2014 Hearing)

• EXHIBITS - PART 1 of 2 (Exhibits 1-30)
  EXHIBITS - PART 1 of 2 (Exhibits 1-30) (70.35 MB)
  
• EXHIBITS - PART 2 of 2 (Exhibits 31a-43)
  EXHIBITS - PART 2 of 2 (Exhibits 31a-43) (72.41 MB)
  

PANEL 1

• BRADY W. DOUGAN

  Chief Executive Officer

  Credit Suisse Group AG, Credit Suisse AG

  New York, NY
  Download Testimony (285.1 KB)
  
• ROMEO CERUTTI

  General Counsel

  Credit Suisse Group AG, Credit Suisse AG

  Zürich, Switzerland
• HANS-ULRICH MEISTER

  Co Head, Private Banking and Wealth Management, Chief Executive Officer - Region Switzerland

  Credit Suisse Group AG, Credit Suisse AG

  Zürich, Switzerland
• ROBERT S. SHAFIR

  Co Head, Private Banking and Wealth Management, Chief Executive Officer - Region Americas

  Credit Suisse Group AG, Credit Suisse AG

  New York, NY

PANEL 2

• THE HONORABLE  JAMES M. COLE

  Deputy Attorney General - Office of the Attorney General

  U.S. Department of Justice

  Washington, DC
  Download Testimony (117.5 KB)
  
• THE HONORABLE   KATHRYN M. KENEALLY

  Assistant Attorney General - Tax Division

  U.S. Department of Justice

  Washington, DC