Thursday, May 23, 2013

Europe Pushes to Shed Stigma of a Tax Haven


  My Orchids. Blushing over a Stigma. Photo ET

ARTICLE

Europe Pushes to Shed Stigma of a Tax Haven 

Luxembourg will join a Europe-wide effort to share records on bank accounts held by foreigners. 

By ANDREW HIGGINS The New York Times, The International Herald Tribune

An excellent excursion into the meanders of tax havens. Unless, as of yesterday, Luxembourg tries a Houdini out of its commitment to embrace automatic information. But that only beats the clock by a bit.


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