Swiss Bank Data German Tax Officials Launch Nationwide Raids

German tax authorities have bought a new CD containing bank account details of thousands of alleged tax evaders with accounts in Switzerland. They conducted 200 raids on Tuesday and expect to recoup more than half a billion euros in lost tax revenues.
German authorities have repeatedly bought CDs containing bank account details of alleged tax offenders.

German authorities have repeatedly bought CDs containing bank account details of alleged tax offenders.

Oliver Berg/ picture alliance / dpa
Reporting by Matthias Bartsch
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