European Parliament Moves To Do Away With 'Freeport' Facilities For Art Trans-Shipment And Storage
Freeports were created as duty-free facilities for temporary storage of art and valuables in transit. But with the EU having eliminated banking secrecy, art has become an asset class " and a vehicle for tax evasion and money laundering. So the number of freeports in Europe has mushroomed, with tax evaders and money launderers storing […]
Please log in or create an account to report a problem with this listing.