Australia a safe haven for illicit funds, but Switzerland the world’s worst

“The top two countries in this year’s FSI are the two that have been most resistant to the key policy of automatic information exchange between tax authorities.

“The US refuses to take part altogether. Instead, it has set up its own parallel system (FATCA) which seeks information on US citizens abroad, but provides

FULL ARTICLE http://www.smh.com.au/business/the-economy/australia-a-safe-haven-for-illicit-funds-but-switzerland-the-worlds-worst-20180130-h0qyxl.html

Tagged:

Comments are closed.