German-Swiss Tax Accord May Finance Research, Handelsblatt Say

Germany may use revenue generated by a tax accord with Switzerland to finance technology research, Handelsblatt reported.

As much as 4 billion euros ($5.3 billion) may be garnered by the accord, according to estimates of the Finance Ministry in Berlin, the newspaper said, citing Free Democrat lawmaker Christian Lindner.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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