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UBS says ordered to provide Swiss tax agency with French tax information

UBS puts salaries on ice

UBS has received an order from the Swiss Federal Tax Administration to provide information based on a French request for administrative assistance in tax matters, the Swiss bank said on Tuesday.

"The request concerns a number of UBS account numbers pertaining to current and former French domiciled clients and is based on data from 2006 and 2008," UBS, Switzerland's biggest bank, said in a statement.

UBS said it planned to take legal steps to have the "admissibility of the administrative assistance request evaluated by the Swiss Federal Administrative Court" in order to ensure legal clarity.

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