Off shore tax haven no more?

Added on 02 Nov 10

Off shore tax haven no more?

Dave Harnett, Permanent Secretary of HM Revenue & Customs has revealed that the Government Agency has been in discussions with several countries seen as “tax havens” on the advantages of disclosing regimes. This could lead to the countries signing amnesties similar to the deal with Lichtenstein which unveiled secret bank accounts potentially holding untaxed assets.
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