Make a difference in our non-profit newsroom... and help Marketplace meet our year-end goal! Donate Today 💙

Tax havens for the super wealthy may be evasive, but not always illegal

Nov 6, 2017
Some places to easily hide wealth don’t conjure up images of paradise.

U.S. has been cracking down on offshore tax evasion for years

Apr 5, 2016
The 'Panama Papers' leak sparks promises of a crackdown on offshore shell corporations and bank secrecy to hide the proceeds of corruption and criminal enterprises.
A view of a sign outside the building where the Mossack Fonseca law firm offices are based.
RODRIGO ARANGUA/AFP/Getty Images

Debating corporate tax inversions

Jul 24, 2014
What the government can do to prevent companies from reincorporating overseas.

A glossary of tax evasion

Mar 21, 2014
Some U.S. companies avoid American taxes by sending assets abroad

Swiss banks agree to help U.S. on tax evader crackdown

Dec 16, 2013
There was a time not so long ago when if you wanted to store money somewhere, no questions asked, you’d go to Switzerland. Maybe not so much anymore.
Pedestrians pass by an embossed Bank sign at the entrance of a branch of the Swiss banking giant UBS in Zurich.
FABRICE COFFRINI/AFP/Getty Images

Swiss banks must decide whether to hand over client information to U.S.

Dec 9, 2013
Today is the deadline for Switzerland's private banks to decide whether to cooperate with U.S. demands to combat tax evasion by handing over client information -- a move that would finally end the long tradition of banking secrecy.

Swiss bank closes after U.S. tax evasion fine

Jan 4, 2013
Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.

For public good, not for profit.