TaxPersonal TaxGermany launches tax evasion investigation into 966 Leichtenstein bank account holders

Germany launches tax evasion investigation into 966 Leichtenstein bank account holders

Prosecutors in Germany use bank details obtained after a trial to launch Leichtenstein tax evasion probes

German prosecutors have launched tax-evasion investigations into 966
individuals discovered to have accounts in Leichtenstein.

The probes are based on information from the Liechtensteinische Landesbank
that fell into the German tax body’s lap following a trial in Rostock and which
the bank claims is stolen, according to the
Wall Street Journal.

It is understood that the investigations cover around €1bn in deposits and
interest.

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