WaPo Addresses the Real Issue with TIEAs
July 8th, 2009
The Washington Post published a fantastic article today which finally addresses the fact that TIEA agreements, as stipulated by the OECD standards, do very little to crackdown on tax evasion. From the Post:
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In an interview this week, a top Swiss official cited the recently negotiated treaty amendment as evidence that Switzerland is moving toward greater openness. Doris Leuthard, Switzerland's vice president and economic minister, emphasized that in the future the treaty amendment now awaiting ratification would give the United States access to information in cases of tax evasion, which are not covered by...