Liechtenstein has called for a compromise with European countries amid a
world wide tax fraud investigation of its banks after a tax evasion scheme
hiding billions of euros from tax authorties was unveiled.
Lichtenstein Prime Minister Otmar Hasler said in Brussels yesterday the
principality wanted to reach a ‘reasonable agreement’ with neighbours who are
calling for greater transparency as they hunt for the hidden billions, according
The principality has so far resisted calls to lift its banking system’s
secrecy and help foreign probes into the tax fraud, inviting a threat from
Germany to refuse ratification of a Schengen free travel zone membership.
German Finance Minister Peer Steinbrueck told the Ruhr Nachrichten
newspaper he would raise the issue at a meeting of EU finance ministers in
Brussels next week.
Report argues that the government must change the way it makes tax and budget decisions
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs
Laurence Field, the head of tax at national audit, tax and advisory firm Crowe Clark Whitehill outlines the 6 'unexpected items' regarding HMRC's Making Tax Digital plans