Friday, March 13, 2009

Liechtenstein eases bank secrecy rules


Liechtenstein eases bank secrecy rules
13-03-2009

The Alpine tax haven of Liechtenstein has agreed to ease its strict banking secrecy rules to make it easier for other countries to pursue tax evaders. In a statement, the principality said it would negotiate bilateral agreements with other countries to let them investigate bank accounts held by suspected tax evaders and fraudsters. Up to now, it's cooperated only in cases of outright fraud.


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