Swiss tax haven is over and Cayman Islands too

by Aaron A Day on February 3, 2013

Switzerland will now assist international tax authorities in disclosing information on bank accounts held by foreigners who avoid taxation at home. http://rt.com/business/news/swiss-tax-haven-over-226/

The Cayman Islands are poised to break with decades of secrecy by opening thousands of companies and hedge funds domiciled on the offshore Caribbean territory to greater scrutiny. Source: Financial Times

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