German Tax Office in Talks to Buy Swiss Bank Data, Spiegel Says

The German tax office in Wuppertal in the state of North Rhine-Westphalia is in negotiations to buy two new sets of customer data from Switzerland to help identify tax evaders, Spiegel reported, without saying where it got the information.

One of the sets of data is information from the Zurich Coutts Bank, a unit of the Royal Bank of Scotland Group Plc, the German magazine reported. Data on 1,000 customers may cost about 2 million euros ($2.6 million), Spiegel said.

Calls by Bloomberg News to the Coutts press department and the tax authorities in Wuppertal outside office hours went unanswered. An RBS spokesman didn’t immediately return a call seeking comment.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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