Ethics and governance in the European Financial centers

Reuters quoting La Tribune wrote that Switzerland, Luxembourg, Austria, Singapore and Hong Kong will be added to the OECD's list of non-cooperative tax centres.

The newspaper said the Organisation for Economic Cooperation and Development would include around 30 countries out of 84 that were examined.

As I already wrote, banking secrecy is a criterion of tax haven, so are law taxes. The determining criterion is permissiveness.