Comments on: How people get money into Liechtenstein http://www.taxresearch.org.uk/Blog/2008/02/27/how-people-get-money-into-liechtenstein/ Richard Murphy on tax and corporate accountability Thu, 28 Aug 2008 23:01:14 +0000 http://wordpress.org/?v=2.6 By: Mark http://www.taxresearch.org.uk/Blog/2008/02/27/how-people-get-money-into-liechtenstein/#comment-390440 Mark Wed, 27 Feb 2008 12:56:46 +0000 http://www.taxresearch.org.uk/Blog/2008/02/27/how-people-get-money-into-liechtenstein/#comment-390440 It's reported that Liechtenstein has supposedly made a gesture in response to the tax scandal probe, and has introduced legislation last week that establishes a legal difference between charitable foundations and those set up for private purposes. i.e. offering to exchange info on private foundations but not "save the Panda bear" foundations. Obviously Panda bears need privacy!... and you want to bet that every family foundation will henceforth be converted to a charitable cause. http://www.bloomberg.com/apps/news?pid=20601100&sid=aAXNHqJYrxdc&refer=germany It’s reported that Liechtenstein has supposedly made a gesture in response to the tax scandal probe, and has introduced legislation last week that establishes a legal difference between charitable foundations and those set up for private purposes. i.e. offering to exchange info on private foundations but not “save the Panda bear” foundations. Obviously Panda bears need privacy!… and you want to bet that every family foundation will henceforth be converted to a charitable cause.

http://www.bloomberg.com/apps/news?pid=20601100&sid=aAXNHqJYrxdc&refer=germany

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