I mentioned in my last blog the claim by the Treasury that £3.2 billion has been received from Switzerland – which is being much trumpeted in the
Read the full article…
Has the UK really got £3.2 billion from the Swiss tax evasion deal? Or is the Treasury just making up the numbers, again?
There’s a fascinating article on the Tax Justice Network blog today, which says: There’s been a fair bit of news about a supposed £3.2 billion windfall for the
Read the full article…
Why is Switzerland giving up banking secrecy? Could it be it’s all about bankers avoiding justice?
The FT notes that: Switzerland has taken a decisive step to resolve its dispute with the US over tax evasion unveiling plans to relax its
Read the full article…
Swiss bankers suddenly favour automatic information exchange
Tax-news.com reported this morning that: President of the Swiss Private Bankers Association (SPBA) Nicolas Pictet has urged the Federal Council to abandon its “white money”
Read the full article…
Swissploitation: the cost of trading with Switzerland
It’s often argued that tax havens cause no harm and just “keep the wheels of trade moving”. That’s not true. As Christian Aid note in a new
Read the full article…
It’s shocking to say the Swiss got something right – but they have today, on executive pay
As the FT has just reported: Switzerland is to impose a stringent set of curbs on executive pay, after voters overwhelmingly backed a package of
Read the full article…
The Swiss put on notice: cooperate or else
World Radio Switzerland has just reported: Switzerland has six months to improve its tax practices or it will be blacklisted by the European Commission. That’s
Read the full article…
Could Austria and Luxembourg be forced to abolish bank secrecy?
Some interesting legal developments appear to be underway which suggest that Luxembourg and Austria may be forced to abandon banking secrecy. From Le Temps: Austria and
Read the full article…
Swiss banking is criminal, but we’re letting it run a part of the UK tax system nonetheless
The New York Times has reported: Switzerland’s oldest private bank on Thursday admitted to helping Americans evade United States taxes, the first time a foreign
Read the full article…

Buy me a coffee!
