Feb 22, 2010
German nationals are declaring their hidden Swiss based assets in increasing numbers, after the Government disclosed its intention to purchase data on tax evaders with bank accounts in Switzerland.
The German Government has reported that its latest move in the fight against tax evasion is having a positive effect, with a sharply increased number of German [...]
German nationals are declaring their hidden Swiss based assets in increasing numbers, after the Government disclosed its intention to purchase data on tax evaders with bank accounts in Switzerland.
The German Government has reported that its latest move in the fight against tax evasion is having a positive effect, with a sharply increased number of German nationals opting to voluntarily disclose their hidden bank accounts. Since the Government announced its intention to purchase information on 1 500 German tax evaders, an additional 3 ... Read More
Feb 2, 2010
German Government officials have announced their intention to purchase information regarding 1 500 German nationals who allegedly hold undisclosed wealth in Swiss offshore accounts, which could net the Government an approximated €100 million in tax revenues and penalties.
The German Government has disclosed that it has been offered information by an anonymous informant regarding numerous German [...]
German Government officials have announced their intention to purchase information regarding 1 500 German nationals who allegedly hold undisclosed wealth in Swiss offshore accounts, which could net the Government an approximated €100 million in tax revenues and penalties.
The German Government has disclosed that it has been offered information by an anonymous informant regarding numerous German nationals allegedly holding undisclosed wealth in Swiss bank accounts. In a statement made on February 1st German Chancellor Angela Merkel stated that the Government should do everything ... Read More
Jan 19, 2010
The Finance Ministry of Germany has stated that it is opposed to the imposition of an EU-wide tax, in response to a suggestion by the Finance Ministry of Luxembourg.
Ahead of the EU and Euro-zone Finance Minister Summit held on January 18th and 19th, Luc Frieden, Finance Minister of Luxembourg, called for a new tax to [...]
The Finance Ministry of Germany has stated that it is opposed to the imposition of an EU-wide tax, in response to a suggestion by the Finance Ministry of Luxembourg.
Ahead of the EU and Euro-zone Finance Minister Summit held on January 18th and 19th, Luc Frieden, Finance Minister of Luxembourg, called for a new tax to be instated across the whole of the EU. German officials quickly denounced the idea, claiming that the EU already has sufficient funds. The German Ministry also ... Read More
Dec 14, 2009
The first opinions and reviews have begun to be voiced, both internationally and within the UK, discussing details of a new tax on banking sector bonuses. As previously reported, on December 9th the Chancellor Alistair Darling in his Pre-Budget Report revealed that a new levy of 50 percent, will be charged on discretionary bonuses exceeding [...]
The first opinions and reviews have begun to be voiced, both internationally and within the UK, discussing details of a new tax on banking sector bonuses. As previously reported, on December 9th the Chancellor Alistair Darling in his Pre-Budget Report revealed that a new levy of 50 percent, will be charged on discretionary bonuses exceeding £25,000.
The extraordinary levels of bonuses in the banking industry, especially during times of financial turmoil has already been the subject of political and economical disputes for ... Read More