Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data

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 […]

The post Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data appeared first on Bitcoin News.