Hacienda tax authorities has announced that they are to investigate 198 Spaniards

Hacienda tax authorities has announced that they are to investigate 198 Spaniards who have bank accounts in Liechtenstein for possible fiscal crimes. A statement from the Agencia Tributaria, said that the deposits correspond to family groups with several different titles and beneficiaries.
The data obtained in the investigation will be sent over to the Anti-Corruption Prosecutor.
It comes with the revelation that Spain is working in coordination with Australia, Canada, France, Italy, New Zealand, Sweden, the U.K. and the United States in the Lichtenstein investigation.
Spanish investment there alone is 22.11 million € in the past 15 years, although there are no numbers since 2005 when the country was considered as a financial haven.
Spanish investments offshore are estimated to have reached 95 million € in the first half of last year, some 50% lower than for the same period in 2006.

Posted in: Hacienda tax authorities