Australian Credit Suisse Probe Covers Relatively Recent Accounts
- Investigation sparked by data leak to Dutch authorities
- Australia has narrowed focus of investigation to 346 people
Credit Suisse in Five-Nation Tax Probe
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Some of the bank accounts being investigated as part of the global probe into Credit Suisse Group AG are relatively contemporary, according to the Australian tax authorities.
The accounts are “more current” than some of those investigated by global tax authorities following other data leaks, Australian Taxation Office deputy commissioner Michael Cranston said in a telephone interview on Tuesday. While declining to say precisely when the accounts date from, Cranston said it wasn’t like the Panama Papers leak, where much of the data was decades old.