Switzerland likes to think of itself as a neutral tax haven. Germany, however, thinks that its much more menacing than that, with Peer Steinbrück, the German finance minister, out and out accusing the Swiss of trolling for tax evaders, saying: Switzerland offers conditions that invite the German taxpayer to evade taxes. Steinbrück went so far…
Over the past ten years, the tax burden on wages has eased in most of the world’s industrial countries, according to the Organization for Economic Co-operation and Development (OECD). Those changes have benefited the lower and middle class, for the most part. Only, there some exceptions. The OECD pointed fingers at a small group of…
The crackdown on tax evaders who depend on Liechtenstein in order to shield income has escalated. Nine countries from the Organization for Economic and Co-operation Development (OECD), Britain, France, Italy, Spain, Canada, Sweden, the United States, Australia and New Zealand, have reportedly received and are examining information on Liechtenstein accounts from two banks. The Bundesnachrichtendienst…