Tolerance.ca
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Argentina Wants HSBC to Repatriate $3.5 Billion in Offshore Funds

Argentina wants HSBC Holdings Plc to repatriate $3.5 billion that it says the bank's Argentine branch moved offshore to help clients evade taxes and move capital abroad, the country's tax chief said on Monday. The South American country last November charged HSBC with helping more than 4,000 clients evade taxes by stashing their money in secret Swiss bank accounts. HSBC Argentina rejected the charge, saying it respected Argentine law. Europe's largest bank already faces...

Read complete article
© Voice of America -


Follow us on ...
Facebook Twitter