German chancellor Angela Merkel has threatened Liechtenstein with isolation
in Europe unless the tax haven changes its rules allowing for bank secrecy, in a
move that ratchets up the international wranglings over the tax evasion scandal
Merkel suggested the German parliament could block Liechtenstein’s bid to
join the border-free ‘Shengen’ zone of the European Union.
The move came after Crown Prince Alois of Liechtenstein launched an attack on
Germany’s behaviour and tax system.
The German government illegally obtained a disc with details of as many as
1,000 individuals, but the sum paid, around EUR5m, is thought likely to be
dramatically outweighed by the sums the Germans expect to recoup.
the FT’s story on Merkel’s move
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