Less than a day since Angela Merkel threatened Liechtenstein with isolation
in Europe unless the principality changed its rules on bank secrecy, German
banks have come under the spotlight.
The focus has suddenly shifted to private banks in Germany that may have
helped wealthy clients move millions to the tiny Alpine tax haven, sandwiched
between Austria and Switzerland.
A few private banks and other financial institutions in Germany helped to
administer around 50 anonymous foundations for rich clients in Liechtenstein,
Germany’s Sueddeutsche Zeitung reported.
The leading state prosecutor in the city of Bochum has publicly confirmed
investigators are looking into the role played by some private banks.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy