Germany plans to involve EU counterparts in its probe into Liechtenstein's bank accounts
Accountancy Age, 28 Feb 2008
Tax evasion linked to the Liechtenstein tax haven, the subject of a German-led probe world wide, will be on the agenda at a meeting of EU finance ministers on March 4.
Ulrike Abratis, a German Finance Ministry spokeswoman, told Bloomberg.com yesterday German Finance Minister Peer Steinbrueck would make a statement. ‘You can be certain that the subject of tax evasion will play a role,’ she said.
The Czech Republic, Spain, Italy and Finland yesterday confirmed their own probes into possible tax avoiders with Liechtenstein bank accounts, joining countries such as the US, Canada and Australia already involved in the worldwide investigation. Of the 15 countries so far planning probes, 10 are EU members.
‘What really irritates is that Liechtenstein gets all the benefits of being embedded in the European Union without showing any responsibility to play by the rules in this urgent matter,’ Elmar Brok, a German member of the European Parliament, said.
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