Sweden Accepts Liechtenstein Information

Sweden has accepted information on some one hundred wealthy Swedes believed to have tucked money away in suspected tax haven, Liechtenstein.

Sweden is one of several countries from Britain to Scandinavia reportedly taking home the fruit of a German tax scandal. Germany is freely sharing details it bought from an informant on alleged widespread tax evasion via secret Liechtenstein bank accounts.

Sweden is active within the EU and the OECD when it comes to exchanging information on tax evaders. Tax havens such as Liechtenstein cost the Swedish government some US$ 7 billion in tax revenue each year.

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