OECD takes four tax havens off blacklistFour finance centres blacklisted last Thursday in a renewed crackdown on tax fraud were taken off the list on Tuesday after committing to international standards on bank information disclosure. The Organisation for Economic Cooperation and More… |
G20 summit to pressure 'tax havens'The G20 group of major economic powers will issue a statement next week encouraging countries that serve as "tax havens" to increase transparency and adopt international standards, a US official said. Michael Froman, deputy national securi More… |
Tax havens agree to crack open the vaultSwitzerland, Austria and Luxembourg have offered to relax strict bank secrecy in some tax evasion cases in a response to a global crackdown on tax havens that is rattling the offshore banking industry. The three countries made the concessi More… |