Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data

DIGIT — Sat, 06 Oct 2018 16:55:46 +0000

Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of […]

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Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data