Australia, Canada and Singapore would never sign treaties like this because their economies are based on rich immigrants who made their money from tax evasion, money laundering and corruption. Ironically these people do create a lot of jobs for locals like the construction boom and even healthcare.
Now Estonia, Ireland and Latvia being on the list is questionable as those countries really need money and there's a long list of rich people around the world who would love to live in those countries as long as the government turned a blind eye about where their money came from.
What this has to do with Bitcoin? Probably nothing as Bitcoin is only like 500K-2M users and doesn't really register. 99.9999999% of tax evasion and money laundering is done in $Fiat.
Topic: 51 countries signed an agreement to “end tax evasion and money laundering.” - page 2. (Read 3313 times)
November 03, 2014, 05:29:18 PM
November 03, 2014, 03:14:11 PM
This will affect bitcoin price 
Im seriously thinking about sell all now before the ship sinks.
Im seriously thinking about sell all now before the ship sinks.
November 03, 2014, 08:51:48 AM
Still there was couple ways for that crime , money can buy everything.
Specially in 3rd country and poor country.
Specially in 3rd country and poor country.
November 03, 2014, 06:28:53 AM
The 51 countries in question (alphabetical):
Albania, Anguilla, Argentina, Aruba, Austria, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Colombia, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mauritius, Mexico, Montserrat, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Turks & Caicos Islands, United Kingdom.
The 20 most economically free countries according to the 2014 Index of Economic Freedom (ordered from most free):
Hong Kong, Singapore, Australia, Switzerland, New Zealand, Canada, Chile, Mauritius, Ireland, Denmark, Estonia, United States, Bahrain, United Kingdom, Netherlands, Luxembourg, Taiwan, Germany, Finland, Sweden.
(Intersection in bold.)
Albania, Anguilla, Argentina, Aruba, Austria, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Colombia, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mauritius, Mexico, Montserrat, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Turks & Caicos Islands, United Kingdom.
The 20 most economically free countries according to the 2014 Index of Economic Freedom (ordered from most free):
Hong Kong, Singapore, Australia, Switzerland, New Zealand, Canada, Chile, Mauritius, Ireland, Denmark, Estonia, United States, Bahrain, United Kingdom, Netherlands, Luxembourg, Taiwan, Germany, Finland, Sweden.
(Intersection in bold.)
November 03, 2014, 03:25:25 AM
People who evade tax and do money laundering are usually politicians and businessmen with connection.
True, but they "manage" their tax burden legally by shifting money around. They are not affected
Money laundering is a sensitive topic, no country should refuse to sign the agreement if they do not want appear as a supporter for terrorists and drug dealers. But "to establish an automatic exchange of information on bank accounts, tax returns, assets and income held over all jurisdictions" is a tough obligation.
November 03, 2014, 02:56:33 AM
People who evade tax and do money laundering are usually politicians and businessmen with connection.
Isn't passing the law shooting themselves in the foot?
Isn't passing the law shooting themselves in the foot?
November 03, 2014, 01:27:30 AM
51 countries signed an agreement to “end tax evasion and money laundering.” Another 30 countries pledged to sign it in 2018.
http://www.forexminute.com/cryptocurrency-news/news-strengthen-cryptocurrency-v-48718
http://www.forexminute.com/cryptocurrency-news/news-strengthen-cryptocurrency-v-48718
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