{"id":25678,"date":"2014-08-11T11:09:19","date_gmt":"2014-08-11T10:09:19","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=25678"},"modified":"2014-08-11T11:09:19","modified_gmt":"2014-08-11T10:09:19","slug":"uk-government-to-quit-swiss-tax-abuse","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/08\/11\/uk-government-to-quit-swiss-tax-abuse\/","title":{"rendered":"UK government to quit Swiss tax abuse"},"content":{"rendered":"<p>As <a href=\"http:\/\/uk.reuters.com\/article\/2014\/08\/11\/uk-royal-bank-scot-coutts-idUKKBN0GB0MC20140811?ftcamp=crm\/email\/2014811\/nbe\/AlphavilleNewYork\/product\" target=\"_blank\">Reuters have noted this morning<\/a>:<\/p>\n<blockquote><p>State-backed Royal Bank of Scotland \u00a0is preparing to offload the international arm of its Coutts private bank, separating it from the UK unit, according to a source familiar with the matter.<\/p><\/blockquote>\n<p>As they add:<\/p>\n<blockquote><p>The Swiss arm of Coutts is one of 100-plus Swiss\u00a0banks\u00a0who have reason to believe they may have committed tax offences by helping wealthy Americans evade taxes - and are eligible for a non-prosecution agreement if they come clean and face fines.<\/p><\/blockquote>\n<p>It's good to know that the government has owned an abusive tax haven operation for almost six years, isn't it?<\/p>\n<p>Why wasn't action taken earlier?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Reuters have noted this morning: State-backed Royal Bank of Scotland \u00a0is preparing to offload the international arm of its Coutts private bank, separating it<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/08\/11\/uk-government-to-quit-swiss-tax-abuse\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,63,55],"tags":[],"class_list":["post-25678","post","type-post","status-publish","format-standard","hentry","category-banking","category-switzerland","category-tax-evasion"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/25678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=25678"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/25678\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=25678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=25678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=25678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}