Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Germany Found Tax Dodging Paper Trail to Singapore, FTD Says

German authorities have found evidence showing how Swiss banks helped German tax dodgers transfer their money to Asian destinations such as Singapore, the Financial Times Deutschland reported.

Authorities for the first time have found a “paper trail” leading from Switzerland to Singapore, the newspaper cited an unnamed official who’s close to the North Rhine-Westphalia state Finance Ministry as saying.

The most recent purchase of a compact disc with Swiss account information on German clients suspected of tax evasion may harden resistance in the Bundesrat, the upper German house of parliament, to approve a German-Swiss tax accord, the newspaper said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.