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Investment News

Switzerland Mulls 'White Money Strategy'

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 17 hours ago | Wednesday, February 22, 2012

Switzerland’s Finance Minister Eveline Widmer-Schlumpf has recently put forward the idea of compelling Swiss banks to obtain in future a declaration from their foreign clients confirming that their assets held in the Confederation are correctly taxed. Read Full Story



UK Insurers Braced For FATCA Impact

by Robert Lee, Tax-News.com, London

Last updated 20 hours ago | Wednesday, February 22, 2012

Proposed US regulations will impact on UK insurers in spite of hopes that they might have been excluded from the Foreign Account Tax Compliance Act regime. Read Full Story



Eurozone Backs Second Greek Bailout Deal

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 23 hours ago | Wednesday, February 22, 2012

Following over twelve hours of intense negotiations, eurozone finance ministers gathered in Brussels finally agreed to a second EUR130bn (USD170bn) rescue package for Greece, to enable the country to avoid bankruptcy and to secure its future in the eurozone. Read Full Story