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Liechtenstein

Yearbook 2008

Liechtenstein. According to Countryaah reports, Liechtenstein's reputation as a tax haven was reinforced in February when it emerged that hundreds of well-to-do Germans were being investigated for tax crimes in their home country when they were suspected of hiding large sums on secret accounts in Liechtenstein had purchased stolen information about the accounts from a former bank employee in Liechtenstein. Several other countries, including Sweden, also had access to the information and started their own investigations.

2008 Liechtenstein

However, despite the protests, the government later promised increased information exchange and cooperation with EU countries in the fight against economic crime.

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