As legal negotiations between the U.S. and Swiss bank UBS continue, the IRS says it received...

|About: UBS Group AG (UBS)|By:, SA News Editor

As legal negotiations between the U.S. and Swiss bank UBS continue, the IRS says it received this week about 400 voluntary disclosures of offshore accounts from wealthy Americans under a reduced-penalty program - four times the number who disclosed the accounts in all of 2008.