30 Jan '18, 5pm

The @TaxJusticeNet just released its 2018 financial secrecy index.

The @TaxJusticeNet just released its 2018 financial secrecy index.

Published on January 30, 2018 Reporting by Cecile S. Gallego TAX HAVENS US, Switzerland singled out for financial secrecy by new index Switzerland and the United States are the biggest promoters of financial secrecy according to an index published today by the Tax Justice Network (TJN) . The index ranks countries based on their level of secrecy and the percentage of financial services provided to non-residents. Top 10 jurisdictions: Switzerland United States Cayman Islands Hong Kong Singapore Luxembourg Germany Taiwan United Arab Emirates (Dubai) Guernsey Switzerland, a well-known tax haven, whose practices were uncovered by ICIJ’s 2015 Swiss Leaks investigation, is still the worst offender as far as financial secrecy is concerned, according to TJN’s analysis. “Switzerland has delayed the implementation of automatic information exchange, and in 2017 lawmakers attempted to ...

Full article: https://www.icij.org/blog/2018/01/us-switzerland-singled-...

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Check out the brand new Financial Secrecy Index launched by @TaxJusticeNet!

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