WOODY ALLEN once remarked that believing in God would be easier if He would show Himself by making a large deposit in a Swiss bank account in the director’s name. Parking riches in the Alps has become a less heavenly experience in recent years, thanks to America’s assault on its tax-dodging citizens and the moneymen who serve them.
Read more →Archive for the Offshore Banking Category
Overseas investment may become more of a choice for China’s richest families as foreign private banks are looking at offshore opportunities for their Chinese customers to avoid tougher regulations in the country, a PricewaterhouseCoopers survey said.
Read more →Canadian experts say that as long as you follow the appropriate reporting rules set out by the Canada Revenue Agency, offshore bank accounts can be a practical and, in some cases, necessary way to deal with your finances
Read more →The proposals, from members of Germany’s council of economic experts, raise the prospect of taxes being imposed on property in a country like Spain if its government was forced to seek a bail-out.
Read more →Europe’s five largest economies – Germany, the UK, France, Italy and Spain – have signed a deal to automatically share bank details of account holders as part of a push to combat tax evasion, writes theEUobserver.
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