When it rains it pours
BBC NEWS | Business | UK in Liechtenstein tax data deal
The UK’s tax authority has confirmed that it has paid an informant for data regarding British citizens who have accounts in tax haven Liechtenstein.
First Germany, now the UK. So much for Liechtenstein’s claims about client confidentiality. Laws are nothing when you have much larger, richer countries willing to pay leakers millions of dollars for secret client lists.
Tags: confidentiality, data, leak, Liechtenstein, offshore banking, tax evasion, UK