What legislation is top of the list? Switzerland? Liechenstein? some Caribbean island? Well, you're wrong, all wrong....

So easy to give others a lesson....

http://www.financialsecrecyindex.com/

Well the Top 5 are not a surprise at all.

Liechtenstein at #55 is surely an attempt at humour ..?

So easy to believe any garbage published on the Internet, if it suits your prejudices, isn't it? You could make up your own list, and have as much credibility as these people.

Is the subject "financial secrecy", as claimed, or "tax rates"?

The website links to this, in which the author claims (numbers added):
"[1] Delaware [has] a zero per cent rate of tax. [2] If you set up a limited liability company or partnership (LLP/LLC) with at least two other partners who are not American residents, you can pay no tax on any foreign income.[3] In addition, privacy laws in Delaware are second to none."

[1] Quite false, and quite irrelevant. Even a village idiot could spend two minutes on a Google search and learn that DE's standard corporate tax rate is 8.7%. (The exceptions are, not coincidentally, quite similar to Switzerland's.) However: What difference does it make? "Financial secrecy" and "tax rates" are scarcely the same subject

[2] As written, the statement is false (it would depend on where the company's management is located.) However, leaving aside the obvious fact that the author cannot comprehend US tax law, what he described is true in most countries (US, CH, UK, etc): a "non-domiciled" company ("domiciliary" or "holding' in CH) receives tax exemptions or tax reductions. So, once again: what is the relevance to the subject of "financial secrecy"???

[3] Completely false; the author seems unable to comprehend that what is not published in the pubic registry is not private to the US gov't. If it were, then the crooks at UBS would have used Delaware companies, instead of Hong Kong companies, to help clients' tax fraud. Again, compare the US and CH: what is published for the public about an S.A. or a DE corp is not what is available to the government upon demand.

There is simply no "financial secrecy" in Delaware from the US gov't, and via tax treaties from the UK, CH, etc gov'ts. This "authority" presents no evidence at all, just a claim. If you believe what they claimed, then please post a statue, court case, or article by a US attorney in support.

Kristofolo, do you believe anything you read on the Internet? If not, please tell us why this group has any credibility with you?