Thursday, November 5, 2009

Memo To Explain Absences

Netherlands 15th tier tax havens

Netherlands ranks the 15th place on a list of the 60 most "non-transparent tax havens' in the world.

This completes our country up in the list prepared by the Tax Justice Network (TJN), an international, independent research institution, the Netherlands Antilles. The TJN places the islands in the 38th place. The researchers kept

including banking secrecy, the securities laws and the degree of cooperation with foreign authorities to the light.


Cayman Islands

The U.S. state of Delaware, according to Tax Justice Network, the principal tax haven. This is followed by Luxembourg, Switzerland, the Cayman Islands, the city of London, Ireland, the Bermuda Islands, Singapore, Belgium and Hong Kong.

Tax Justice Network calls in the fight against tax evasion on international regulations, the automatic exchange of financial information is required.

November 2, 2009, 10:45 detection. Happened earlier that includes the Cayman Islands, Belgium and Luxembourg. Discussions with the Principality of Liechtenstein has been completed and thus is a treaty signed Tuesday.

Source: The Independent

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