Tax havens fear ‘indiscriminate’ crackdown

Article reports that political leaders from the US, France, Germany and the UK have stepped up their anti- tax haven rhetoric ahead of the G20 meeting to be held in London, April 2009.

The latest crackdown has been fuelled by big evasion scandals in Liechtenstein and Switzerland in 2008, the election of an avowed enemy of tax havens as US president and the near-collapse of the banking system, a heavy user of offshore jurisdictions.

EurActiv, 9.3.09: Three EU countries side with Swiss on bank secrecy http://www.euractiv.com/en/euro/eu-countries-side-swiss-bank-secrecy/article-180069

ESO: Background information: Call for a fresh crackdown on tax havens http://www.europeansources.info/record/call-for-a-fresh-crackdown-on-tax-havens/

ESO: Background information: Liechtenstein lays plans for more transparency http://www.europeansources.info/record/liechtenstein-lays-plans-for-more-transparency/

ESO: Background information: Not-so-safe havens http://www.europeansources.info/record/not-so-safe-havens/

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