Posts tagged as:

banking

Obama Set to Shake Up Corporate Tax “Loopholes” Today

4 May 2009

The Obama administration is planning to announce a steps towards his promised “massive overhaul” of international financial regulations this morning. Administration officials do not expect the announcement to be popular. So, the good news first. Obama will announce plans to make permanent a research tax credit that was to expire at the end of the [...]

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Liechtenstein Banking Laws Undergoing Change

16 August 2008

Prince Alois has confirmed that Liechtenstein is taking steps to correct what has been regarded by much of the world as intentional loopholes in country’s banking system. The announcement did not come as much of a surprise. Despite earlier vows to do nothing in light of the scandal, Prime Minister Otmar Hasler (pictured left) had [...]

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Liechtenstein Coming Around?

2 March 2008

After vowing not to change its banking system despite a tax scandal spiraling out of control, the principality of Liechstenstein may be changing its mind. Prime Minister Otmar Hasler has reportedly told the Swiss newspaper Neue Zuercher Zeitung that “the reform process has already begun and I support it being continued.” He says that he [...]

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