Germany Taking Big Money Tax Evasion Seriously
2008 February 23
Germany is getting tough on tax evaders hot on the heels of Zumwinkel’s arrest. Much of the money is headed Liechtenstein, a haven for tax evaders because of its strict confidentiality laws.
Liechtenstein doesn’t want to cooperate - they cite high German taxes as a reason for the mass exodus of cash. Germany has other ideas, including sanctions, if Liechtenstein refuses to assist in the tax evasion inquiries. But for now, Germany is sending in the big guns: secret agents to find out who is sending money to Liechtenstein without paying taxes.
What does your average German think of all of this? Watch here:
[youtube=http://www.youtube.com/watch?v=5w_q4at5RKI&rel=1]
