While the stereotype of a tax haven is a Caribbean island, these countries in Europe serve as attractive places for foreign individuals and companies to store funds.

British Prime Minister Gordon Brown hailed announcement that Switzerland is relaxing key bank secrecy laws as “the beginning of the end of tax havens.” “I welcome announcements in the last ...

Information on offshore bank account holders can only be disclosed by the specific order of the Bahamian Supreme Court. The Bahamas is a pure tax haven, with no tax liability at all for offshore ...

Reviewed by Ebony Howard Fact checked by Yarilet Perez Switzerland remains high atop the list of preferred tax havens due to its low taxation of foreign corporations and individuals. Although this has ...

International newspapers have made waves with their exposés on illicit funds deposited in Swiss banks linked to dictators ... the Netherlands was denounced as a «tax haven.» ...

One widely cited academic study from 2017, which is based on data from the Bank for International Settlements, suggests that tax havens hoard wealth equivalent to approximately 10% of global GDP.

"Excessive bank secrecy rules and a failure to exchange ... Liechtenstein won't be the last tax haven to feel the squeeze. Reported to be 50 years of age, Kieber is now believed to be living ...

In reality, however, not all countries practice effective taxation mechanisms, such as Indonesia, which was named, by the World Bank ... avoid high tax rates. In this article, we’ll take a look at ...

A critical piece of Switzerland's history as a tax haven is related to the Banking Law of 1934. Technically named the Federal Act on Banks and Savings Banks, the law did not recognize tax evasion ...