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Liechtenstein digs in heels against stolen bank data

Posted on April 14, 2010 by Dissent

The small tax haven of Liechtenstein is preparing to backpedal on an agreement with Germany to crack down on tax dodgers, and now plans to give no help if investigations are based on stolen data, a report said Wednesday.

The tiny alpine principality, which lies between Switzerland and Austria, intends to introduce new clauses into an agreement it made in March with the German government, daily Süddeutsche Zeitung reported.

The changes mean it would give no help to countries such as Germany in investigating tax evasion if a case involved stolen bank data.

Read more in The Local (De)

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