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2010-09-01
Study: CEO Compensation Totaled $598 Million At The 50 Companies That Laid-Off The Most Workers

Peak Oil And The German Government - Military Study Warns Of Potentially Drastic Oil Crisis

Mystery Over Russian General Found Dead On Turkish Beach

Internet Freedom - Will Russia's Bloggers Survive Censorship Push?

Life In Baghdad's Slums - Fighting to Survive In Sadr City

Moral Bankruptcy At HSH Nordbank - Investigators Look At Frameup And Iniquity At German Bank

Study: Illegal U.S. Immigration Has Slowed Considerably

Inquest Told MI6 Employee's Body Was In Padlocked Bag

Report Claims Andy Coulson, Prime Minister's Media Adviser, Discussed Hacking Phone Calls

Ferrari Recalls 458 Italias After A Spate Of Fires

Probe Of Alyeska Pipeline Spill Uncovers Troubling Pattern

Defiant Dick Fuld Blames False Rumors And The Fed For Lehman Bros. Collapse

U.S. Toll Rising In Afghanistan, 22 Soldiers Killed Since Friday

Charity Oxfam Hit By Fatal Bomb As U.K. Deputy Prime Minister Visits Troops In Afghanistan

Gov. Schwarzenegger Tells Top California State Officials To Stop Hiring

Australian Economy Surges 1.2 Percent In Second Quarter

Police: At Least 1 Hostage Taken At Discovery Channel Headquarters

U.S. Sen. Murkowski Concedes Primary Election Race To Miller

2010-08-31
U.S. Salmonella Scare: Farm Inspections Reveal Manure, Mice And Maggots

U.S. Warns East Coast To Brace For Impact Of Hurricane Earl

Commentary: The Sarrazin Debate - Germany Is Becoming Islamophobic

Commentary: The Sarrazin Debate - Germany Is Becoming Islamophobic

Hell On Earth - The U.N. Documents Congo's Bloodbath

Baghdad On High Alert As U.S. Officially Ends Combat Mission

Mexico Seizes 'La Barbie', Drug Lord Infamous For Beheadings

Greenland's Prime Minister Lambasts Greenpeace For Raiding Arctic Oil Rig

Interview With Ex-CIA Agent Michael Scheuer - 'Only The Taliban Are Not Corrupt'

'I Did Nothing Wrong' - German Gulag Prisoners Recall Their Ordeal

Stock Investors Brace For Another Ugly September

Four Israelis Shot Dead Near Jewish Settlement On Eve Of White House Talks


Data Dilemma - Berlin Risks Spat With Switzerland Over Tax Evaders
2010-02-02 17:38:34 (30 weeks ago)
Posted By: Intellpuke
(Read 717 times || 0 comments)

The German government has signaled it intends to purchase a CD containing information about tax evaders with Swiss bank accounts, even though members of the ruling coalition have warned against dealing with "thieves." In its quest to crack down on tax cheats, Berlin is even prepared to risk a falling-out with Switzerland.

When German Chancellor Angela Merkel appeared at a joint press conference with Palestinian President Mahmoud Abbas at the Chancellery in Berlin on Monday, she expected the Middle East to be the main item on the agenda. But instead she found herself answering questions about a data CD that presents the German government with a tricky moral dilemma and could lead to a spat with Switzerland.

But Merkel was adamant that the CD was worth the risk. "Everything should be done to get this data," she said. "If this data is relevant, it must be our objective to acquire it," she said.

The CD in question is believed to contain sensitive data relating to the bank accounts of about 1,500 German citizens who have allegedly stashed their money in Switzerland in a bid to avoid paying tax in Germany. An informant offered the CD to the German tax authorities some time ago for an asking price of €2.5 million ($3.5 million). Although the chancellor has so far been unwilling to commit herself to the deal, she sounded determined at the press conference. She wants the CD, even if the price is high - and not just financially.

The chancellor has effectively given her blessing to German authorities accepting the indecent proposal. She called Finance Minister Wolfgang Schauble and informed him that he has her support "in bringing about a solution," according to an official government statement issued on Monday.

(story continues below)




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