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Big Trouble in Little Liechtenstein

As long as humanity has had taxes there has been tax evasion and for wealthy Europeans the microstate of Liechtenstein has been happy to hide their money for centuries. To be honest I figure the only reason this postage stamp of a Principality still exists in modern Europe is as a tax-haven for the Uber-rich. New Money thinks having a Swiss bank account is something to brag about, but the Old Money of Europe knows better, puts their money in Liechtenstein and does not say a word.Unfortunately for them, somebody else leaked names recently and now this tiny country with more companies than people


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Tagged as liechtenstein europe tax evasion economy finance rich scandal


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