Liechtenstein by Mark Henley

Share
twitterlinkedinfacebook
Image 24 of 26
< Prev Next >
MHE07087LIE.jpg
Vaduz castle, home to Liechtenstein's royal family, is reflected in a window behind the smiling face of a woman on an advertising billboard. The ruling royal family control the country's largest bank and have the power to veto laws, dissolve parliament and appoint judges. Liechtenstein has become a major tax haven, whose opaque banking laws are said to aid fraud, money laundering and tax evasion. There are an estimated 75,000 companies registered in the country, twice that of the population. .