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Shelley Stark

Shelley Stark is the author of Hidden Treuhand: How Corporations and Individuals Hide Assets and Money, published by Universal Publishers, Boca Raton, FL. Also available through Amazon, Barnes and Noble Bookstores, and the British Bookshop.

Stories from Shelley Stark

05 The Vienna sewers
The Third Man: Vienna in Black & White
As emblematic of Vienna as Schönbrunn or Wiener Schnitzel, Carol Reed’s venerated classic explores the highs and lows of the city - and now so can you
Shelley Stark
01/06/2010

It was the contradictions of post-war Vienna that fascinated novelist Graham Greene, a city where the gestures and ornaments of civilization had been stripped away to expose the full range of human need and desire. So when producer Alexander Korda invited him to write a screenplay for a film set in the war-scarred Austrian capital, he could only say yes.

10 Afghanistan
HiddenTreuhand Trumps Regulators
Despite new controls, tax haven practices continue to ease the financing of terrorism, money laundering and organized crime
Shelley Stark
01/03/2010

Austria’s measures to combat money laundering and terrorist financing still face obstacles achieving their goals according to a December 2009 report by the International Monetary Fund’s Financial Action Task Force (FATF). Limitations on access to ownership of assets through custodial Treuhand arrangements, foundations, and companies issuing bearer shares all help protect criminal activity.

No Law, No Crime
Analysis suggests a connection between the financial crisis and tax havens
Shelley Stark
01/11/2009

While many continue to blame the sub-prime mortgage crisis in the US for the financial crisis, it is becoming increasingly obvious that tax havens play a contributing role. These havens, especially in Austria, Liechtenstein, Luxemburg, and Switzerland foster the availability – and protection – of hidden ‘Treuhand’ accounts. These are a special form of trusts created in tax havens that operate under very different rules than other forms of custodial accounts.

06 Hidden Treuhand
Banking Secrecy
Treuhand accounts obviate new OECD tax evasion rules
Shelley Stark
01/10/2009

“Bank Secrecy Bites the Dust in Europe” – Newsweek. “Switzerland, Luxembourg, Austria Loosen Secrecy Rules” – Bloomberg. “Tax Havens Give in to EU Pressure” – Spiegel ONLINE. Has banking secrecy finally come to an end? This is what newspapers seem to be saying. But is it true, or should these headlines be punctuated with a question mark?

The Organization for Economic Cooperation and Development (OECD) wants tax havens to participate in new international tax agreements aimed at creating more transparency.

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