Germany strengthens its crackdown on tax evaders by buying Dubai data | Angela Merkel News
German Finance Minister Olaf Scholz said in a statement: “With the new data set, we are illuminating the dark corners where tax evaders have been hiding so far.”
The German Finance Minister has ordered the purchase of data from Germans who own assets in Dubai, United Arab Emirates, as part of an effort to combat tax evasion, after regional authorities had similarly purchased Swiss data in the past decade.
The Ministry of Finance stated that the data on the CD was sent to regional financial authorities on Wednesday for them to review and decide whether to prosecute possible offenders.
Finance Minister Olaf Scholz said in a statement: “We are using all means to expose tax violations.” “With the new data set, we are illuminating the darkness in which tax evaders have been hiding so far. corner.”
Negotiations with anonymous informants started in January and the acquisition was made for an undisclosed amount in February, but it was not announced until now.
The acquisition was carried out before the national election on September 26, when Schultz, the outgoing deputy prime minister of the government, was a candidate for the center-left Social Democratic Party to replace the conservative Angela Merkel as the leader of Germany. people. Although Schultz is widely respected, his party has not escaped the long-term polling downturn.
Between 2010 and 2017, one of the co-leaders of the Schultz Party, Norbert Walter-Borjans, served as the leader of Germany’s most populous state, North Rhine-Westphalia. During the Minister of Finance, he purchased several CDs containing data on Swiss bank customers. Switzerland expressed anger in those actions.
Der Spiegel magazine first reported the purchase of CDs containing detailed information on Dubai assets, such as large tracts of land and real estate owned by German nationals.
Spiegel said it said that an anonymous informant approached a German official and offered to pass the data to the Federal Tax Office, for which the Federal Tax Office paid about 2 million euros ($2.42 million).
In the past, tax authorities in 16 German states have sought information from countries such as Switzerland to discover that wealthy Germans may evade taxes.