Another Take on Liechtenstein Deal
August 12th, 2009
Richard Murphy has noted Christian Aid's response to the Liechtenstein-UK tay deal that was signed yesterday, and it is quite interesting:
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The UK government’s new tax deal with Liechtenstein amounts to a welcome admission that much-hyped tax information exchange agreements (TIEAs) do not work, Christian Aid says today.
‘The fact that the UK has signed two agreements today – a TIEA and a second one, ensuring that uncooperative UK taxpayers have their Liechtenstein accounts shut down - is a clear sign that TIEAs are almost impossible to use,’ says Christian Aid...