Liechtenstein mulls lifting banking secrecy

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“Liechtenstein is considering automatically sharing information on bank accounts held by foreigners in the Alpine nation, enabling taxation by their home countries, Prime Minister Klaus Tschütscher said in a newspaper interview on Wednesday.  Contrary to Liechtenstein, Switzerland has ruled out any hint of an automatic information exchange, and has stressed that if the German parliament  rejects the negotiated tax deal it will maintain its current system.”

http://www.thelocal.ch/page/view/liechtenstein-mulls-lifting-banking-secrecy-pm

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