President Nicolas Sarkozy insisted on Wednesday that G20 leaders must use their London summit to crack down on tax havens, warning Paris and Berlin are not happy with current drafts for an accord.
The squabble between Finance Minister Peer SteinbrĂĽck and the Swiss continues after the Swiss minister of defence returned his German-made limousine to protest controversial comments against the Alpine nation.
German Chancellor Angela Merkel on Thursday defended her government’s handling of the global economic crisis amid ongoing criticism from abroad, at home and even within her own coalition.
Angered over German Finance Minister Peer SteinbrĂĽck's uncompromising push to stamp out international tax havens, the normally staid Swiss have dubbed him the most hated man in Switzerland. And now one Swiss politician has even compared him to the Nazis.
Social Democrat Party chairman Franz Müntefering, has called for the rich to be taxed more heavily and warned that if the CDU did not cooperate on this topic, the SPD will make it an issue in September’s general election.
Klaus Zumwinkel, the former head of German logistics giant Deutsche Post, received a suspended jail sentence of two years on Monday and was fined €1 million ($1.3 million) for tax evasion.
<b>Berlin isn’t known as a very religious place, but as Mark Worth reports, a grassroots effort could soon bring God back into the city’s classrooms.</b>
Almost one-fifth of the 40 million German households has paid domestic help under the table at least once, according to a study published by opinion research centre TNS Emnid on Monday.
German Finance Minister Peer SteinbrĂĽck is mulling a cut in the base income tax rate to 12 percent from 15 percent to help pull Europe's biggest economy out of a deep recession, his spokesman said Friday.
With churches expected to be packed this Christmas Eve, German officials are calling for pews to be reserved for church members to ensure they are not squeezed out by holiday-only parishioners.
Germany will reimburse €3.0 billion ($3.9 billion) to taxpayers in coming months following a ruling by the country's highest court deeming a trimmed tax break for commuters unconstitutional.
Deutsche Bank is at the centre of a US investigation into illegal tax shelters - named after cartoon character Homer Simpson - the New York Times reported on Tuesday.
Oskar Lafontaine, the head of the hard-line socialist Left party, on Friday demanded Germany implement a “millionaire tax” to help offset the economic impact of the financial crisis.
German prosecutors said on Friday they had charged the former head of Deutsche Post with tax evasion as part of a huge scandal involving Liechtenstein which blew up in February.
The German government is reportedly considering temporarily eliminating taxes on low-emission new cars in an attempt to aid the country’s ailing auto industry.
Seventeen countries led by France and Germany decided Tuesday to draw up a new blacklist of tax havens that could include Switzerland, in a first step toward rewriting the rules of global finance.
EU finance ministers clashed Saturday on whether to shake up European sales tax rules to allow reduced rates for targeted services and products, with Germany a vocal opponent to any cuts.
The Prince of Liechtenstein, Hans-Adam II, has labelled Germany “the Fourth Reich” amid a dispute with Berlin over efforts to hinder tax evasion in the tiny Alpine statelet.
Germany’s Social Democrats (SPD) are considering pushing for sanctions against banks from Liechtenstein and Switzerland to make them more cooperative in the fight against tax evasion.
A bank in the tiny Alpine principality of Liechtenstein, which has been rocked since February by a major tax evasion scandal, was allegedly blackmailed into paying €9 million.
A 66-year-old real estate tycoon was handed a two-year suspended prison sentence Friday in the first case brought to justice in Germany in connection with a major Liechtenstein tax evasion scandal.
A overwhelming majority of Germans support slashing fuel taxes to help lower the cost of petrol at the pump amid record high oil prices, according to a poll published on Monday.
Germany’s Social Democratic Party (SPD) is calling for higher taxes on the rich in light of a widening income gap between the country’s wealthiest and poorest residents.
The government is drawing up plans to cut tax privileges currently granted to the neo-Nazi NPD party according to the Munich-based newspaper <i>SĂĽddeutsche Zeitung</i>.
German tax investigators are planning new raids in two weeks on people suspected of dodging taxes by hiding their money in Liechtenstein, according to a report on Friday from the newspaper <I>SĂĽddeutsche Zeitung</I>.
