French government announces tax relief as euro election looms

(Reuters) - French Prime Minister Manuel Valls, struggling to win back disgruntled voters, said on Friday his government planned to exempt a further 1.8 million households from income tax, at a cost to the state of 1 billion euros ($1.4 billion).

US, Swiss reach deal on American tax evaders

WASHINGTON: The US government and Switzerland have reached an agreement that could expose Americans who have used Swiss banks to avoid paying taxes.