Bermuda labels EU ‘uncooperative' 19/06/2015 Bermuda has responded to being listed by the EU on its blacklist of “uncooperative” non-EU states, by saying it’s the EU that is acting in an uncooperative manner. The list consolidates national tax ‘blacklists’ as they stood six months ago, and includes any jurisdiction on 10 or more Member States’ lists.
French courts slashes HSBC bail in tax case 16/06/2015 A French appeals court has reduced a EUR1 billion bail for HSBC Holdings in a tax evasion case to EUR 100 million. The cut follows an appeal by HSBC, which called the original figure excessive.
The week on eprivateclient 15/06/2015 A round-up of some of the biggest stories on thewealthnet's sister publication eprivateclient last week
Switzerland considering tax amnesty for its nationals 08/06/2015 Switzerland should consider a tax amnesty for its citizens with money held abroad so they could declare untaxed assets voluntarily and face moderate penalties, according to Swiss finance minister Eveline Widmer-Schlumpf.