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Switzerland

  • Switzerland, which is almost synonymous with secretive banking, is looking for more staff to handle a flood of new requests from other countries that are looking for tax cheats. Last year the number of inquiries from overseas tax authorities almost doubled, to more than 700.
  • A Swiss foundation claims to have evidence of an earlier version. Skeptics say they need more proof.
  • What is striking about all the offshore services available today is that while they are totally legal, the system seems to make it easy to get away with things that are not legal.