Financial Transparency Coalition

Luxembourg has revised its double tax convention with Norway to include provisions for the exchange of information in tax matters. The agreement brings the number of OECD model agreements it has concluded to twelve, ranking Luxembourg as a jurisdiction that has 'substantially implemented' the internationally agreed standard in this area.

ZURICH/MIAMI (Reuters) - A federal court judge in Miami approved a delay in a high-profile trial on Monday in which U.S. tax authorities hoped to force UBS AG to reveal the identities of thousands of Americans suspected of using the Swiss bank to evade taxes.

While house prices across Europe have plunged in recent months, a stream of wealthy tax exiles is continuing to push up property prices in offshore tax enclaves across the continent.

Wall Street Journal - A federal jury convicted Connecticut investor Frederic Bourke Jr. on Friday of engaging in a scheme to bribe Azerbaijan government officials, marking a big victory for the Justice Department as it ratchets up its pursuit of overseas corruption.