August 26th, 2009
Richard Murphy has
pointed out that Switzerland has signed its second tax information exchange agreement with... Luxembourg. That's right, Switzerland is now 1/6 of the way to being squeaky-clean because it signed an agreement (and a
weak one at that) with another tax haven. As Richard says, this amounts to: "You look one way and I’ll look the other." From
Swissinfo:
Switzerland on Tuesday signed a revised double taxation agreement with Luxembourg, easing the restrictions on the exchange of tax information between the two countries.
It is...
August 25th, 2009
Bloomberg -- Liechtenstein’s Crown Prince Alois said his country will push ahead with moves to bolster adherence to global tax rules at the risk of losing bank clients.
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August 17th, 2009
Last week was not kind to tax evaders. Liechtenstein agreed an information-sharing treaty with the UK that, should it serve as a model for the principality’s deals with other countries, would put it out of the tax-haven business. The OECD recognised the Cayman and British Virgin Islands as having implemented the organisation’s tax standards. The US forced more names of suspected tax evaders out of Swiss bank UBS. The war on tax piracy is making progress.
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August 13th, 2009
Macau Daily Times: Lawmakers yesterday approved a proposed bill that will now see Macau meet international standards on the exchange of information on tax related issues.
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