The former capital of letterbox companies has reinvented itself, minus the tax evasion. Liechtensteiners are discretely delighted by Panama’s troubles.
The former capital of letterbox companies has reinvented itself, minus the tax evasion. Liechtensteiners are discretely delighted by Panama’s troubles.
After striking it big in the U.S., Jurgen Hermann battled financial powers back in Liechtenstein. A reporter recalls the unraveling of a man now accused of murdering a top banker.
The Liechtenstein royal family has threatened to abandon the country if the public tries to limit their extensive range of powers. But leaving would force them to finally pay taxes on their billions.