US Tax & Financial Services - 20.08.2020

Retrocessions: Does your Swiss bank owe you money?

Americans, Brits and others with Swiss bank accounts prior to 2012 are being warned that retrocessions time is running out for them to get back any hidden commissions they may have paid.

This comes in the wake of a recent Swiss Supreme Court ruling which updated four earlier decisions, and which, some say, has shone a timely spotlight on a little-known virtual pot of unclaimed cash…

Read the full article here.