Business News

Liechtenstein to emerge from OECD's grey list of tax havens

Nov 11, 2009, 10:36 GMT

Vaduz - The principality of Liechtenstein announced Wednesday that it will be removed from a list of tax havens after meeting a set of conditions imposed by the Organization for Economic Cooperation and Development. Removal from the 'grey list' of nations that did not meet standards of information transparency standards removes a hurdle for many international customers who want to bank in the country. 'The removal from the so-called 'grey list' is an indicative step as to the new direction of our new orientation,' said Prime Minister Klaus Tschuetscher, hailing the news. By signing tax information sharing agreements with Belgium and the Netherlands on Tuesday, Liechtenstein met the OECD's requirement of having such agreements with at least 12 countries.

And Also

What's the Truth About Brangelina? - PopEater
no articles available.
- The Tech Herald
Jennie Garth throwing a Garden Party, Zucchini and Eggplant need not apply, the interview
'Deadliest Catch' Captain Phil Harris Dies - PopEater
Johnny Depp death hoax and similar schemes explained - The Tech Herald

Business News

Liechtenstein to emerge from OECD's grey list of tax havens

And Also

Your Talkback on this Story

Latest Headlines in Business

Older Talkback

From Sites we Like

In Monsters and Critics

Corporate

The Fine Print