Marty Sullivan at Tax Analysts is continuing his series on tax evaded cash in the world’s tax havens. This time he has considered Switzerland. His conclusion:
All the calculations described in this article are summarised in Table 6. At the end of 2006, there were $607.4 billion of assets in Switzerland’s financial sector beneficially owned by non-Swiss individuals who could easily be illegally avoiding tax on those assets in their home jurisdictions.
Sorry, the comment form is closed at this time.