Germany says its legitimate to buy stolen tax haven data

Posted on

Germany Reaps 200 Million Euros in Liechtenstein Tax Probe - BusinessWeek.

Business Week reports:

The German government has so far raised about 200 million euros ($270 million) in back taxes from secret accounts in Liechtenstein in the two years since it bought stolen bank data to track down tax evaders.

Chancellor Angela Merkel’s government said buying stolen information to find funds hidden in uncooperative tax havens is necessary, given the lack of automatic data exchange or legal assistance. Switzerland and Liechtenstein have refused to offer help if information presented has been stolen from banks.

Of course it's legitimate to do so. This is the only way to tackle the corruption of those governments wthat refuse to participate in full information exchange.

Those commentators seeking to claim Jersey and Guernsey are as clean as a whistle please note.


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