German prosecutors said Friday they were investigating around 1,100 customers and staff of Swiss bank Credit Suisse's local operations on suspicion of hiding money from German tax authorities.
Germany's most populous state North Rhine-Westphalia has purchased stolen information on 1,500 suspected German tax cheats holding bank accounts in Switzerland, a regional government spokesman said on Saturday.
The number of tax dodgers turning themselves in has reportedly risen dramatically in recent days, following the German government’s decision to purchase stolen bank data on secret Swiss accounts.
A Swiss member of parliament alleged Saturday that top German public officials had secret bank accounts in Switzerland and threatened to out them if Germany bought stolen data on tax dodgers.
A German tax dodger has won millions in damages in a suit against his Liechtenstein bank for failing to reveal that his information was stolen along with hundreds of other account holders and sold to Berlin for a criminal investigation.
German tax investigators were in France this weekend to buy the now-notorious stolen Swiss bank data on 1,500 alleged tax cheats, magazine <i>Focus</i> reported Saturday.
The scope of a newly uncovered tax evasion scandal reached a new dimension on Thursday, as German officials said far more money was likely squirreled away in Swiss accounts than previously thought.
Germany said Tuesday it would pay for data on some 1,500 suspected tax dodgers with funds stashed in Swiss accounts, waving aside concerns that the allegedly stolen material would not stand up in court.
The German government should have no qualms about buying stolen Swiss information on rich tax dodgers, argues <b>Ludwig Greven</b> from <b>Zeit Online</b>.
Buying stolen Swiss information on rich tax dodgers is wrong and puts Germany on shaky moral ground, argues <b>Kai Biermann</b> from <b>Zeit Online</b>.
German cities and municipalities say they have reached an emergency financial situation with soaring deficits following the worst recession since the Second World War.
Germany and Switzerland clashed openly on Monday over the Alpine state's cherished banking secrecy after Berlin said it might buy the names of suspected tax-dodgers from a whistle-blower.
More government politicians have come out in support of overturning the reduction in sales tax on hotel stays. The tax has received considerable criticism from economic experts, party members and the opposition.
A secret informant has offered to sell the German taxman the names of 1,500 Germans who have funds hidden in Switzerland, a newspaper reported Saturday.
Economy Minister Rainer Brüderle on Wednesday said Germany will grow more than expected this year, raising the government's growth forecast to 1.4 percent from a previous estimate of 1.2 percent.
An increasing number of German smokers are turning to contraband cigarettes in response to higher tobacco taxes, according to research published on Monday.
The Free Democratic Party (FDP) has dismissed a call made by the Left party for a ban on donations to political parties by private companies, following accusations that the FDP was bribable.
German cities complain they are bearing the brunt of deep tax cuts by Chancellor Angela Merkel’s government and nowhere is feeling the pain more sharply than the rust-belt town of Wuppertal.
Chancellor Angela Merkel held what was being billed as a "crisis meeting" of her key coalition allies on Sunday in a bid to quell internal squabbling that has seen her own popularity slide.
The Free Democratic Party (FDP) received more than €1 million from one single donor – a baron whose company will profit from the reduction in value added tax on hotel bills recently enacted by the new government.
German Chancellor Angela Merkel took a swipe at critics of her reserved leadership style on Friday after a shaky start to her second term, saying she was in charge when it came to important decisions.
Chancellor Angela Merkel on Thursday defended her coalition’s controversial tax cut plans and said she would stand by her promise to overhaul Germany's tax system in the coming years, financial daily <i>Handelsblatt</i> reported.
The German government is considering putting back its tax reform plans for a year to compensate for lost revenue from the weak economy, according to <i>Der Spiegel</i> magazine.
The heads of the three parties in Chancellor Angela Merkel's centre-right coalition will hold what the German media had termed a "crisis meeting" after a shaky start marked by infighting, it emerged on Thursday.
