Sat, Nov 01, 2014, 12:06 PM
Take a look at the ground report from Zurich in Switzerland which has focused on the black money account holders who had stashed away their wealth in the country's banks. The ground report highlighted how Switzerland banks are protecting the customers on privacy and confidentiality factors. Income tax evasion is not a crime in Switzerland as it is in the industrial nations. Its banking system is world-renowned. It has negotiated many tax treaties with other industrial nations, including the USA.