Financial Transparency Coalition

Since the beginning of the year, approximately 1500 people have declared their savings in foreign banks to the Dutch tax authorities. The Ministry of Finance says this is twice as many people as in the years 2006 to 2008.

THE HAGUE, June 25 (Reuters) - Switzerland and the Netherlands have agreed to exchange information to crack down on tax evasion, which will probably result in money leaving the tax haven, the Dutch deputy finance minister said on Thursday.

The Bermudan government said Monday that it has signed a tax information-exchange agreement with the Netherlands which allows it to meet international standards on tax-haven transparency.

The British territory of Bermuda signed a tax-information exchange agreement with the Netherlands today. This is Bermuda's 12th such agreement, thus fullfilling the OECD's requirement that states sign 12 information exchange agreements. According to Dow Jones:

The Bermudan government said Monday that it has signed a tax information-exchange agreement with the Netherlands which allows it to meet international standards on tax-haven transparency...

The Organisation for Economic Cooperation and Development has said that tax havens must sign 12 such agreements with other nations to demonstrate they are committed to operating in a transparent manner and...