Liechtenstein, San Marino Sign Int'l Tax Info Accord

Law360, New York (November 21, 2013, 1:27 PM EST) -- Liechtenstein and San Marino on Thursday became the latest countries to join an international data exchange intended to increase transparency in the shadowy world of global banking and crack down on tax evasion.

Representatives for the two European nations signed a multilateral tax sharing agreement administered by the Organization for Economic Cooperation and Development at a ceremony in Jakarta, Indonesia. Liechtenstein and San Marino — long considered a haven for tax dodgers — became the 62nd and 63rd countries to sign the 25-year-old international accord....
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