Tax haven accounts
By Raul J. PalabricaThe days of secret bank or trust accounts in offshore financial institutions or tax havens seem to be over.
The days of secret bank or trust accounts in offshore financial institutions or tax havens seem to be over.

In what may be considered a sign of the growing maturity of Filipinos in handling their excess income, the amount of money held by banks in their trust accounts has, of late, reportedly reached some P3 trillion.