By Ryan J. Donmoyer
Aug. 19 (Bloomberg) -- IRS Commissioner Douglas Shulman said the U.S. scored a “huge victory” in persuading Switzerland to turn over the identities of 4,450 Americans with secret UBS AG bank accounts and said the agency’s probe is expanding.
Shulman said the Internal Revenue Service, as a result of the UBS case, is aware of other financial institutions, law firms and other entities that help Americans hide assets offshore.
“We’re going to have our targets set on all categories of folks,” Shulman said in an interview with Bloomberg Television.
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