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Sachsen-Anhalt Minister Says Swiss Tax Accord ‘Dead,’ SZ Reports

A tax agreement that would impose new levies on German offshore assets in Switzerland is “effectively dead,” SonntagsZeitung reported, citing an interview with Jens Bullerjahn, finance minister of Sachsen- Anhalt.

The German state would buy data on Swiss banks’ clients regardless of whether the accord were ratified, Bullerjahn, who is a member of the Social Democratic Party, was also cited as saying in the Zurich-based newspaper.

To contact the reporter on this story: Giles Broom in Geneva at gbroom@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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