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Swiss Bank UBS to Divulge at Least 4,450 Account Names

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Sheila Samples
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UBS -- Switzerland's largest bank -- is expected to turn over the names of Americans who controlled 4,450 accounts that are currently open or have been closed.

The secret accounts at one point held as much as $18 billion, the IRS said. "We will be receiving an unprecedented amount of information," IRS Commissioner Doug Shulman told reporters.The settlement follows a long-running effort by the US to catch tax evaders.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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