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Statement on UBS/Voluntary Disclosure Program

from Doug Shulman

The following are remarks that the AAA-CPA IRS Liaison Committee is passing along on behalf of the Internal Revenue Service (IRS). These are IRS Commissioner Shulman's remarks on the UBS case and Voluntary Disclosure Program (attached).

Today, I'm pleased to announce the IRS has withdrawn the John Doe Summons in the UBS AG matter. We are taking this action in light of our success in obtaining the account holder information we sought through the summons and obtained under the August 2009 agreement with the Swiss government and UBS. We appreciate the help and assistance of the Swiss government and UBS during this process. more

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