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Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data

October 6, 2018 by DIGIT

Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of … Read more

Categories Africa, African Union, Australia, Banks, Canada, croatia, data, Estonia, European Union, Federal Tax Administration, Financial account, Fraud, Funds, Guernsey, Iceland, Information, Isle of Man, Japan, Jersey, Mobutu Sese Seko, money, N-Featured, Nigeria, Norway, Poland, Sani Abacha, South Korea, Swiss accounts, Switzerland, Tax Haven, Taxes, Wealth, Zaire


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  • bitcoinBitcoin(BTC)$108,008.00-1.05%
  • ethereumEthereum(ETH)$2,544.23-1.21%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.26-0.04%
  • binancecoinBNB(BNB)$659.21-0.28%
  • solanaSolana(SOL)$148.85-2.00%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.287323-0.39%
  • dogecoinDogecoin(DOGE)$0.167553-3.66%
  • staked-etherLido Staked Ether(STETH)$2,543.81-1.23%
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  • bitcoinBitcoin(BTC)$108,008.00-1.05%
  • ethereumEthereum(ETH)$2,544.23-1.21%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.26-0.04%
  • binancecoinBNB(BNB)$659.21-0.28%
  • solanaSolana(SOL)$148.85-2.00%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.287323-0.39%
  • dogecoinDogecoin(DOGE)$0.167553-3.66%
  • staked-etherLido Staked Ether(STETH)$2,543.81-1.23%
  • bitcoinBitcoin(BTC)$108,008.00-1.05%
  • ethereumEthereum(ETH)$2,544.23-1.21%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.26-0.04%
  • binancecoinBNB(BNB)$659.21-0.28%
  • solanaSolana(SOL)$148.85-2.00%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.287323-0.39%
  • dogecoinDogecoin(DOGE)$0.167553-3.66%
  • staked-etherLido Staked Ether(STETH)$2,543.81-1.23%