Lengwiler Yvan, Saljihaj Albana
1University of Basel, Faculty of Business and Economics (WWZ) and Center for Innovative Finance (CIF), Basel, CH-4002 Switzerland.
2University of Basel, Faculty of Business and Economics (WWZ), Basel, CH-4002 Switzerland.
Swiss J Econ Stat. 2018;154(1):23. doi: 10.1186/s41937-018-0024-0. Epub 2018 Dec 17.
The U.S. Tax Program for Swiss banks is a very significant part of the recent history of the Swiss financial industry. It has accelerated the transformation of the Swiss banking industry from a system that relied on bank secrecy to a much more compliant one. It was also rather costly for the banks involved. This short paper tries to identify the determinants of the individual penalties that were levied by the DoJ. We find that U.S. assets under management is the most important determinant. However, the average size of the accounts, the behavior of the bank vis-à-vis its American clients, the solvency of the bank, and the point in time when the bank settled with the DoJ also matter.
美国针对瑞士银行的税务计划是瑞士金融业近期历史中非常重要的一部分。它加速了瑞士银行业从依赖银行保密制度向更加合规制度的转变。对于相关银行来说，成本也相当高昂。这篇短文试图找出美国司法部所征收的个别罚款的决定因素。我们发现，美国管理的资产是最重要的决定因素。然而，账户的平均规模、银行对美国客户的行为、银行的偿付能力以及银行与美国司法部达成和解的时间点也很重要。
