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Tax Paradise Islands to Reveal Bank Information?

Published tisdag 3 juni 2008 kl 11.38

Swedish tax authorities say they and Nordic colleagues are increasing pressures on those different tax paradises in the world such as the Bahamas, Jersey and other islands.

They add that on-going discussions look like at least one of these tax-free zones is willing to disclose all information about foreign companies, bank accounts and bank transactions – making it more difficult for Swedes and other rich Nordic citizens eager to place their money secretly abroad – way out of touch to the tax collector here at home.

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