USE OF TAX HAVEN ABROAD IS STUDIED; Juries Act on $100-Million Sent Overseas Annually to Avoid U.S. Laws USE OF TAX HAVEN ABROAD REPORTED
Fed grand juries, NYC, probe charges that estimated $100-million a yr is transferred overseas by Americans using banks in Switzerland and elsewhere as tax havens; US gets order against Swiss banker W Germann for his refusal to respond to subpoena in May; Germann appeared before grand jury in Apr and returned to Switzerland for more data; his background noted, methods used to funnel money into foreign banks described
