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You Searched For "switzerland tax havens" and got 20 results


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1 min read

Dozens of rich Norwegians worth billions have relocated to Switzerland to escape higher taxes

Norway raised its wealth tax from 0.85% to 1.1% last year, prompting the departure of some of its m…

Jyoti Mann   


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2 mins read

Billionaires and world leaders, including Putin and King Abdullah, stashed vast amounts of money in secretive offshore systems, leaked documents find

Notably, the richest people in the United States - like Jeff Bezos, Elon Musk, Bill Gates, and Warr…

Yelena Dzhanova   


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3 mins read

American corporations are paying their fair share - to international tax havens

Seven out of the 10 top countries where US multinational companies report profits are tax havens, a…

Juliana Kaplan   


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5 mins read

I live in hotels full time. It works out cheaper than renting and I haven't changed my sheets in 3 years.

Daniel George started traveling and working remotely in 2021. He's been living in hotels full time …

Daniel George   


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2 mins read

London and Switzerland are seeking ways to dodge the global minimum tax Biden is pushing at the G7

The tax targets tech giants like Google, but the City of London and Switzerland worry their finance…

Bill Bostock   


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7 mins read

Big Pharma rakes in $215 billion a year in America yet pays almost no taxes

Americans are getting screwed over by Big Pharma twice: first by high drug prices and again by the …

Brad Setser,Tess Turner   


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Tax authorities can investigate NRIs with offshore bank accounts until they give consent for information sharing

Only after the authorities are convinced that the money in the account does not belong to the perso…

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1 min read

Black money: Compliance window for voluntary declaration to be out soon

A 'trend analysis' of the subject has revealed that the target audience for this special exerci…

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2 mins read

You need a country to stash away your black money, head to this country that serves as the world’s no.1 tax haven

As per the Financial Secrecy Index 2015 by Tax Justice Network (TJN), Switzerland retained its top …

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RBI eyes offshore transfer of IP assets by pharma firms

The central bank has raised questions about these foreign subsidiaries having raised loans ab…

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2 mins read

Indians deposited 50% more funds in Swiss banks last year

While Swiss banking authorities have made efforts to clean up the sector and make it more compli…

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1 min read

By 2020 Most Of The World's Super Rich Will Have Moved Their Money Out Of Switzerland

Enter Singapore, a quick plane ride for Asia's wealthiest with a well-regulated banking sector. It …

Linette Lopez   


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2 mins read

HSBC Swiss bank account holders might get spared by the I-T deptt

In Jindal’s case, the Delhi bench of the tribunal said that even though the assessing officer told …

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2 mins read

Amazon could sidestep new G7 corporate tax measures because its profit margins are below a 10% threshold

The G7 seeks to make tech giants pay more tax in the countries where they sell the most - but Amazo…

Mia Jankowicz   


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2 mins read

HSBC allegedly abetted tax evasion of four Indians

Disclosing the "tax-related investigations" in its latest annual report published last week, HSBC f…

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Big Tech companies and government officials praised the 'significant, unprecedented' G7 deal to back a global corporate tax rate of at least 15%

Silicon Valley companies on Saturday signaled approval of a G7 deal to back a 15% minimum global co…

Kevin Shalvey   


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4 mins read

The ultra-wealthy have 10% of global GDP stashed in tax havens - and it's making inequality worse than it appears

"The equivalent of 10% of world GDP is held in tax havens globally, but this average masks a great …

Pedro Nicolaci da Costa   


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2 mins read

Swiss bank allows India access to black money information. Here’s how much it can help

However, given the delay that this decision has had, it’s possible that it wouldn’t be of much…

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2 mins read

A new study shows 40% of foreign investment is 'phantom capital' being used to avoid taxes

FDI, defined as "cross-border financial investments between firms belonging to the same multination…

Carmen Reinicke   


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1 min read

Black Money: Another list of account holders to come up

What makes it even more insightful is the proposed compliance act which is all set for a finalizati…