Financial Transparency Coalition

I’m not going to get over-excited, I hope, but I think the new UK / Liechtenstein Tax Information Exchange Agreement moves information exchange into a new era. This deal is like no other Tax Information Exchange Agreement. Take this from the preamble:

The Government of the Principality of Liechtenstein and the Government of the United Kingdom of Great Britain and Northern Ireland (together “the Contracting Parties”) desiring to:

(a) regulate the exchange of information with respect to taxes between the Contracting Parties and facilitate tax cooperation and taxpayer assistance, and

Continue Reading

Daily Telegraph: The fall - down 1.4pc to £23.88 - was not as sharp as in Sydney where the shares fell as much as 3.3pc at one stage. An article published on a website controlled by the Chinese State Secrets Bureau also claimed that large amounts of “intelligence and data” had been found on Rio’s computers following the arrest of four Rio executives on spying charges last month.

ST. PETER PORT, GUERNSEY — The panoramic view of the English Channel and Guernsey’s craggy western shore from Guy Hands’s new £6 million home is splendid. No less so is the vista from his soon-to-be-completed rooftop office here on the eastern side of this small English-speaking island just off the French coast of Normandy.

Tax-News.com: Tax haven bashing, while politically popular during a time of worldwide recession, may not be the most economically-sensible course of action for world leaders to take with a view to restoring longer-term global prosperity, the UK’s Institute of Directors (IoD) has warned.