The Conversation

HSBC's Swiss tax scandal is part of a global pattern of avoidance

10-02-2015 Author: The Conversation

Accused of helping clients avoid millions in tax.JuliusKielaitis / Shutterstock.com

The revelation in leaked bank files that HSBC’s Swiss banking arm has helped wealthy customers put millions of dollars worth of assets out of the reach of the tax authorities confirms the way in which the use of tax havens has become commonplace.

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