Jan 2 2012
Fatca: The Menace You’ll Hear About in 2012
This week both the New York Times and the Wall Street Journal had reports on the hubbub being created worldwide by a new U.S. law that is virtually unnoticed within our borders. It is the Foreign Account Tax Compliance Act of 2010, or Fatca. The problem originates in U.S. government efforts to prevent future offshore-banking [...]
Dec 5 2011
Public outcry “set to topple banking secrecy”
Switzerland’s prized banking secrecy, already under pressure from multiple countries, faces its biggest threat from public opinion, according to a tax haven expert. The global economic crisis has triggered a public outcry against tax havens which is here to stay, journalist and author Nicholas Shaxson told swissinfo.ch. Shaxson believes that Switzerland – and other global [...]
