Peer Steinbrueck, Germany’s plain-speaking Finance Minister, has suggested
Germany is ‘declaring war’ on European tax-havens.
Countries under fire include Liechtenstein, Switzerland, Luxembourg, Austria,
Andorra and Monaco.
He has urged Liechtenstein to make its finance system more transparent
following a wide-ranging investigation into tax evasion of wealthy German
According to the Suddeutsche Zeitung, 700 suspects are under investigation.
Klaus Zumwinkel, Chief Executive of the Deutsche Post, quit two weeks ago
following raids on his home and offices.
suggest that 3.4bn euros is concealed in Liechtenstein.
Steinbrueck hopes to establish a formal double taxation agreement with
Liechtenstein but if this proves impossible has said, ‘I am thinking of the
possibility of making business dealings with Liechtenstein considerably more
Liechtenstein is still on the
for Economic Co-operation and Development’s list of ‘unco-operative’ tax
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals