Commentaries

Stones and glass houses, offshore tax haven edition

September 4, 2009

One of the week’s more amusing stories takes us to the sun-kissed shores of the Cayman Islands, scuba diver’s paradise, magnet for hedge funds and – until very recently – world-beating tax haven.

UBS settlement leaves Switzerland scarred

August 19, 2009

UBS, Switzerland and the United States can all claim a sort of victory from the settlement on Wednesday of their tax dispute.

from Margaret Doyle:

COLUMN – Swiss guard bank secrecy: Margaret Doyle

July 9, 2009

Margaret Doyle is a Reuters columnist. The opinions expressed are her own

By Margaret Doyle

LONDON, July 9 (Reuters) – The Americans are on a fishing trip. The fish they are after are big: 52,000 of their fattest fellow citizens, and they have invited the Swiss to land them. Understandably, the Swiss are not keen to haul in the net and hand over the source of much of their income.