aop
ad

Liechtenstein urged to open tax books

by David Jetuah

More from this author

20 Feb 2008

A powerful think-tank has joined German Chancellor Angela Merkel in demanding Liechtenstein should lift its privacy rules, a call which has angered the tax haven's Crown Prince.

The Organisation for Economic Co-Operation and Development weighed into the dispute after the principality came under the spotlight after a crackdown by German tax authorities on 750 of its citizens allegedly holding undeclared trusts in Liechtenstein's banks.

Crown Prince Alois accused Germany of staging an 'attack' on his country, the FT reported.

Liechtenstein's secrecy protocols were 'a relic of a forgotten age', said Angel Gurria, the OECD's secretary general.

Further reading:

Deutsche Post CEO in tax probe

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities