August 27th, 2009
VIENNA (Reuters) - Austria's main political parties agreed on Wednesday to pass measures which should ease banking secrecy and help bring the Alpine republic up to OECD standards on financial transparency.
Continue Reading
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.
Continue Reading
August 14th, 2009
Liechtenstein, once one of the world's most secretive tax havens, is going further than almost any other centre in cleaning up its act. The deal is a dramatic example of a jurisdiction giving up banking secrecy in return for recognition as a legitimate financial centre. It is helping flush out tax evaders by making its banks close non- compliant accounts by 2015.
Continue Reading
