Penalties and Profits Illicit Tax-Cheat CDs May Endanger Swiss-German Treaty

A new tax treaty between Germany and Switzerland is scheduled to go into effect next year. But the deal could be torpedoed by Germany's center-left opposition and zealous tax authorities purchasing stolen CDs with data on rich tax cheats.
Purchasing CDs with stolen data on German tax evaders with Swiss bank accounts has been good business for tax authorities.

Purchasing CDs with stolen data on German tax evaders with Swiss bank accounts has been good business for tax authorities.

Foto: dapd
Translated from the German by Ella Ornstein