Thousands of British investors with up to £3bn stashed in secret Liechtenstein bank accounts will be asked to come forward voluntarily under a deal to be negotiated next week that could be the first of many worldwide.
According to The FT, lawyers said the Liechtenstein plan, discussed behind closed doors with the Paris-based Organisation for Economic Co-operation and Development, could serve as an international model for other tax havens seeking to avoid an OECD blacklist. Liberal Democrat spokesman Lord Oakeshott used parliamentary privilege today to blow a hole in a gag order obtained by Barclays Bank over its tax avoidance scheme, The Guardian says. The documents detailing the schemes, previously leaked to the Lib-Dems, were now available on Wikileaks and other websites, he told a Lords debate on ...
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