The Organisation for Economic Co-operation and Development has (OECD) unveiled new plans to tackle tax evasion by improving the way tax authorities share information about individuals and entities like trusts.
Countries are increa
Bernie Ecclestone's eye for a deal has made him a fortune and turned Formula One motor racing into a global money-spinner, but bribery allegations threaten to end his long reign as the head of the business.
Ecclestone, who is
Pressure mounted on Switzerland's already weakened bank secrecy on Wednesday as some European governments vowed to join Germany in the battle to hunt down tax cheats in the Alpine nation.
Germany sent shivers through the large Swiss pr
The US government is stepping up prosecutions of wealthy individuals dodging taxes through offshore accounts, with new cases expected to be made public "every couple of weeks," a top government attorney said.
US officials have been sifting
The Swiss government will hand over details of about 4,450 bank accounts to US authorities as part of a deal struck with Washington over UBS, it said on Wednesday.
The agreement brings to an end a row which has strained relations between t
The deal initialled last week between the US and Switzerland over UBS will involve the disclosure of around 5,000 holders of secret Swiss accounts, a report said.
The landmark deal, ending a dispute in which the US tax authorities had sued