Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

Germany to Buy Stolen Swiss Bank Data to Catch Tax Scofflaws

German Chancellor Angela Merkel plans to purchase a list of 1,500 German tax avoiders hiding money in secret bank accounts in Switzerland from an IT specialist who once worked at HSBC in Geneva (who allegdely is seeking $3.5m (£2.1m) for the list of names. The German government may net over $100m from the tax scofflaws.

(Hat Tip: Ann Murphy.)


About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Information and rates on advertising on TaxProf Blog

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading