This week, the Tax Agency sent the Anti-Corruption Prosecutor's Office information on 80 bank deposits in Liechtenstein with 198 owners and individual beneficiaries residing in Spain, for investigation into the possible commission of a tax offence.

22 April 2008. This week, the Tax Agency sent the Anti-Corruption Prosecutor's Office information on 80 bank deposits in Liechtenstein with 198 owners and individual beneficiaries residing in Spain, for investigation into the possible commission of a tax offence. The deposits correspond to family groups with several different holders and beneficiaries.

The Tax Agency therefore finalises analysing the information on Spanish citizens listed in Liechtenstein bank accounts and deposits The Tax Agency confirms that there have been extemporaneous voluntary regularisations for the same reasons as the investigation.

The Tax Administrations in Spain, Australia, Canada, France, Italy, New Zealand, Sweden, the United Kingdom, the United States and Spain, among others, worked together after the disclosure of bank accounts and deposits in Liechtenstein for the purpose of tax evasion.

Discoveries such as this confirm the conclusions of the OECD's Tax Administration Forum, which insisted on the need to establish transparent and effective information exchange standards for transactions carried out in tax havens.