Archives > 2008-11

The AFP reported that the European Commission the day before yesterday proposed new measures to clamp down on tax dodgers who stash their cash in offshore accounts or use tax-free intermediaries. Current European regulation, "although effective within the limits of its scope, can be easily circumvented," EU Taxation Commissioner Laszlo Kovacs said in a statement. Know more

Reuters has reported that Barack Obama's election as U.S. president will open up a new front in a growing campaign against Swiss banking secrecy, already under fire from Germany which wants the country put on a tax haven blacklist, officials said. Reuters provided an overview of the situation in Europe for Liechtenstein, Luxembourg and Switzerland first . Know more

Prime Minister Juncker from Luxembourg has today sent a letter to President Obama for congratulation : Luxembourg, 5th November 2008 Dear Senator, It is with great joy that I learnt early...