The fines being paid to the US for having helped US clients to evade taxe could partially be deductible from the profit of Swiss Banks in Switzerland. This situation triggered a reaction from the Parliament who asked the Swiss Federal Councillor, Evelyne Widmer-Schlumpf, to have a closer look at this practice. She confirmed that a report will be issued on this matter later on this year.

This story has been reported on the Swiss television and some newspapers, e.g. La Tribune de Geneve