German justice officials are weighing a probe of Swiss bank UBS following a television report that allegedly showed staff ready to assist Germans who sought to commit tax fraud.
The CSU, the Christian Social Union of Bavaria and sister party to Chancellor Angela Merkel’s CDU, is putting forward its own tax concept that would see more money in the pockets of average working citizens and families.
As an ongoing tax evasion scandal unfolds in Germany, an unidentified person has offered data for 30,000 Swiss bank accounts to the state tax authorities in Baden-Württemberg.
An informant who provided German authorities with data from a Liechtenstein bank that sparked a massive tax fraud probe has said his life is threatened, two news magazines are to report Monday.
Liechtenstein Prime Minister Otmar Hasler has vowed to work toward a "reasonable compromise" with European nations seeking more tax transparency, amid a fraud row that has spread from Germany to more than 10 countries.