September 14th, 2009
A few days ago we
blogged on an article in Singapore's Straits Times which crowed about how the island-state is benefiting from the crackdown on tax evasion by governments in North America and Europe.
Our blog triggered an exchange with a practitioner who disputes our assessment that Singapore provides:
"strict banking secrecy laws, no register of trusts and foundations, neither company accounts nor company ownership details are placed on public record. On the regulatory side, the island-state is not rated by the...
September 14th, 2009
Singapore, an Asian financial center attracting billions of dollars in offshore accounts, is working quickly to become more transparent and is on course to be removed by year's end from a list of nations that shield bank-account information.
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September 8th, 2009
WASHINGTON – The U.S. Department of the Treasury today announced that the United States and Monaco have signed an agreement to allow for the exchange of information on tax matters between the two countries. The agreement was signed by Deputy Secretary Neal Wolin and Minister Franck Biancheri in Washington.
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September 8th, 2009
SINGAPORE (Dow Jones) Singapore and Australia have amended their tax agreement to "enhance" cooperation on the exchange?of?information, Singapore's finance ministry said Tuesday.
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