agreed cant see cyprus raising further 6bn unless they raid uk cyprus branches that got exempt the coalition would not like that after the deal they did to get them exempt.
Interesting piece from Austria.
Cant argue we should sort our mess out.
http://www.guardian.co.uk/world/2013...inister-uk-tax
Quote:
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Maria Fekter said the EU cannot force Austria to reform its banking secrecy laws without also forcing the UK to crack down on tax havens in its jurisdiction
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Seems Austria next in line it seems.
They right hope government do something to sort it out. Otherwise this could turn ugly or embarrising depending how osbourne, cameron how they respond on our issue.
Quote:
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Luxembourg, the only other EU country that had refused to share information on its offshore savers, capitulated on Wednesday and said it would comply with rules by 2015.
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Why possible 2015 whats luxembourg upto trying to help its customers move it to another tax haven?