Spain is due to ask the Organisation for Economic Cooperation and Development (OECD) to return Gibraltar to a blacklist of tax havens that refuse to cooperate in fighting money laundering and other financial crimes, despite the British colony's promises of greater transparency. A spokesman for the Spanish tax office told EL PAÍS last week that the only fiscal information Spanish authorities receive from Gibraltar is "scarce and mostly useless," and that the government of the rocky outcrop on Spain's south coast routinely refuses to cooperate in investigations into money laundering and tax evasion."As far as we are concerned, Gibraltar is still a non-cooperative tax haven," the Spanish official said.
Assignment Higher Power: 97% of the money in the world doesn't exist
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Assignment Higher Power: 97% of the money in the world doesn't exist: We
all know that 97% of the money in the world doesn't exist and that's thanks
to Fr...
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