European tax scandal is widening
The list of countries involved in the European tax scandal is growing.
Austria is being asked by the EU commissioner to end banking secrecy (read article here) and ATO (the Australia Taxation Office) is investigating tax evasion and avoidance by Australian residents via legal structures in Liechtenstein (read article here).
Secrets Out
The tax haven scandal currently involving more than 1,000 Europeans, Germany’s foreign intelligence service, the BND, and billions of dollars in foregone tax revenue should be of more than passing interest to the governments of Hong Kong, Macau and Singapore.
Just last week, Germany’s finance minister, invariably described as the no- nonsense Peer Steinbrueck, stated at […]
World’s Tax Havens Targeted In Cloak-and-briefcase Offensive
LONDON (Dow Jones) — It’s a cloak-and-briefcase offensive sure to become legend in the annals of tax enforcement.
Agents from Germany’s spy agency buy stolen information from a former insider at Liechtenstein’s biggest private bank. Prosecutors then swoop in on suspected German tax evaders. Tax collectors in Britain and other nations are poised to follow […]
Tax Haven Crackdown
Germany, Britain and America are all in hot pursuit of citizens hiding their money from the taxman, reports Dominic O’Connell.
SERIOUS, dark-suited and bespectacled, Prince Max of Liechtenstein looks more like a banker than the second-youngest son of one of Europe’s royal families. That’s because he is one. As well as being the younger brother of […]
European Tax Scandal reaches U.S.
BERLIN, Feb. 27 (UPI) — Dozens of Germans have confessed to massive tax fraud via Lichtenstein as the affair widens to other countries, including the United States.
Besides Washington, the governments of Australia, Britain and France have announced they are checking whether their citizens were involved in the tax scandal, which got under way when Germany […]
Loan blame game now in court
Insurance lawyer David Grais has been poring over equations in finance books to get up to speed on his new specialty: lawsuits stemming from the sub-prime mortgage debacle. With his traditional insurance practice slowing down, the 55-year-old partner at a small New York firm began segueing into sub-prime in June, after a friend predicted at […]
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