American Tax Officer-Chapter 540 - 274: I’ve Tolerated You for a Long Time, Swiss Bank!_3

That is Swiss Bank, as a century-old institution, globally the most credible bank, it would never capitulate to the America Tax Bureau.

Washington D.C., Headquarters of the America Tax Bureau

"Deputy Director Donald, something big has happened. It’s like this..."

After listening to a certain conversation, Donald was stunned.

What the hell?

The Sackler family refused to cooperate in paying the fines, and then Director David directly issued a notice for Swiss Bank to transfer assets?

Isn’t this absurd?

After a while, Donald calmed down a bit.

Because he knew that Director David was not an impulsive person, he must have some ideas, right?

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"Does the Director know about this news yet?"

"Probably not yet."

Donald immediately stood up and hurried to the Director’s office.

Sure enough, at this moment, Obadiah was immersed in organizing this month’s financial statements and had not yet received notification of this significant news.

Seeing Donald’s arrival, he immediately asked, "What’s the matter, Deputy Director Donald?"

"It’s like this, Director. After the trial ended..."

Donald shared that the Sackler family assets had already been transferred out, and then Director David announced a notice requesting Swiss National Bank to cooperate in transferring assets.

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After listening, Obadiah’s expression also darkened, after all, that’s the world’s most credible bank; if they complied, wouldn’t that be smashing their own brand?

"Director, I think Director David must have had no other choice, the Sackler family definitely transferred a large sum of money to Swiss Bank, and we have already issued the fine. If we can’t collect it, it will be a disgrace."

Donald had already guessed that it must be because the Sackler family did not have enough funds in America to pay the fines, which is why Director David would do such a thing.

Otherwise, there would have been no need to issue this notice.

Hearing Donald’s words, Obadiah’s dissatisfaction faded quite a bit, and he then asked, "So have all the Sackler family’s assets in America been moved out? Wasn’t it said that they still have real estate and companies like Purdue Pharma with quite a lot of money on their books?"

"It should be gone, or they fabricated the company’s financial situation before. Otherwise, Director David would not have needed to denounce Swiss Bank."

Obadiah rested his right hand on his chin, thinking that if that was the case, it was understandable to grasp Director David’s predicament.

After all, the fine had been levied, and the Sacklers’ domestic assets were insufficient to pay the penalty; it seems that other than requesting Swiss Bank’s cooperation, there really were no other options.

"However, Director, you don’t have to worry too much. Since Director David dared to do this, he must be confident. Let’s just see what happens next!"

"Alright then..."

...

Meanwhile, Switzerland, UBS Group headquarters building.

"They’re requesting that we cooperate with an investigation and transfer customer assets? What kind of international joke is this?"

"We’re Swiss Bank, the leader of world banks, and we’re not even an American domestic bank. Without customer permission, on what basis does their tax bureau demand this of us?"

"The arrogance of this tax bureau and Director David, they’ve gone so far to enforce their laws on us at Swiss Bank, watch me ignore him!"

"This is really making me laugh. Does he think his tax bureau is the world police, managing whoever they want?"

Upon learning of the notice issued by the Los Angeles IRS, the executives at Swiss Bank, one by one, dismissively voiced their opinions.

What is the very foundation of Swiss National Bank?

Credibility!

Even massive Germany in World War II didn’t dare plunder assets from them.

So what about this tax bureau now?

Just because of this notice, do they think they can ruin our reputation?

That’s just too naive!

"Benson, let’s immediately draft an announcement at UBS as well, to counter the America Tax Bureau’s unreasonable demand, and also declare to our customers that their funds with us are absolutely safe—not even the America Tax Bureau can take a penny from us!"

"Yes!"

Hearing the order from Group President Riggs, Benson from the press department immediately agreed and stood up.

About half an hour later, once UBS Group’s announcement was released, it instantaneously set the global audience ablaze.

The content of the announcement was straightforward.

Firstly, UBS Group thanked the global customers for their trust.

Then they reaffirmed the security and credibility guarantee of their own bank, absolutely not allowing any loss to the customers without their consent—even a penny!

Last, in view of the tax bureau’s unreasonable demand, UBS Group chose to strongly protest and unhesitatingly reject!

"Hahaha, I knew it!"

"That’s Swiss Bank, a century-old prestigious bank, how could they be threatened by your tax bureau? Now look at the outcome!"

"Director David might be feared in Los Angeles, but unfortunately, Swiss Bank is a foreign business, and now Director David might lose face!"

If anyone in America is happiest right now, it’s naturally the members of the Sackler family and the Jewish People who are close to them.

Besides them, the tax evaders who have suffered from the "black tax law" and related sanctions are also very happy.

After all, this might be an occasion that will cause Director David to lose face.

At the Los Angeles IRS, Bucky walked in and laid out the contents of the announcement made by Swiss Bank.

Having heard this, Director David’s face did not show much change; clearly, he had anticipated this outcome.

Just then, Nisen came in with a stack of documents, saying, "I’ve found out, Director. This is Swiss Bank’s branch in our America, as well as some related investment companies here."