Swiss lawmakers reject deal to end US tax spat

Associated Press
Swiss lawmakers reject deal to end US tax spat

Swiss Finance Minister Eveline Widmer-Schlumpf delivers a speech during a debate at the Swiss National Council in Bern, Switzerland Tuesday June 18, 2013. Swiss lawmakers have rejected a government-backed banking bill meant to end a high-profile legal standoff with the United States over suspected American tax cheats. Switzerland's lower house voted Tuesday not to discuss the measure that Finance Minister Eveline Widmer-Schlumpf had presented as a way for Swiss banks to disclose client information to U.S. authorities without breaking Switzerland's strict client secrecy laws. By a vote of 126-67 with two abstentions, Switzerland's National Council in the capital Bern sent the proposal back for reconsideration by the upper house, which had approval it last week. (AP Photo/Keystone,Peter Klaunzer)

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