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Tax havens

World news about “Tax havens” published by euronews.

09/02 14:09 CET

British tax authorities not ‘strong enough, assertive enough or tough enough’ in HSBC scandal

British tax authorities not ‘strong enough, assertive enough or tough enough’ in HSBC scandal

The Swiss arm of the UK based bank HSBC is squirming with embarrassment after details emerged that it helped wealthy clients evade billions in tax. HSBC says it is cooperating with the relevant authorities and has undergone a complete overhaul of its private banking business…