Austrian Tax Evaders Prosecuted

Original Tax News article

Almost half of the 160 Austrians on trial for hiding funds in Liechtenstein are to be prosecuted.

It still remains to be seen what will happen to the Germans also caught in Lichtenstein. Germany is arming itself for further crackdowns on tax evaders, and is even calling for Switzerland (its main target)to be labeled an uncooperative tax haven by the OECD.