No more tax havens

In the wake of the global financial meltdown the whole EU is trying to put a clamp down on tax havens around Europe. There is a demand for more information to be shared when one country suspects someone or some company of tax evasion. Traditional tax haven countries like Austria, Luxembourg and Belgium are putting up a fight against more openness. They all believe in secrecy since that is where alot of their money comes from. They have long been safe guarding the money of those that don’t want it to be found.

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