Dec 18, 2010 09:51 EST
German tax authorities recovered 1.6 billion euros this year from citizens who had stashed their cash in secret accounts in Liechtenstein and Switzerland, according to the weekly Der Spiegel.
Dec 16, 2010 05:19 EST
German court settles Liechtenstein tax evasion case for $67 million. A German prosecutor says a tax evasion case against Liechtenstein's state-owned LGT bank has been settled with a fine of euro50 million ($67 million).
Mar 21, 2010 09:58 EDT
ZURICH (Reuters) - Credit Suisse <CSGN.VX> said it is restricting bankers' travel to Germany after authorities there said they had launched 1,100 tax evasion probes against the bank's clients and were investigating staff on suspicion of aiding evasion.
Jan 31, 2010 17:42 EST
BERLIN/ZURICH (Reuters) - German politicians were divided at the weekend over whether to buy the bank data of up to 1,500 possible tax evaders with accounts in Switzerland that media say an informant has offered to sell authorities.
Aug 14, 2009 20:00 EDT
Liechtenstein will remain a major financial centre even after the easing of its banking secrecy rules, thanks to its know-how in wealth management, its ruling prince says.
Mar 29, 2009 06:20 EDT
Tax havens face increased pressure from cash-hungry governments who need money for bailouts. "Who pays?" asks a neon artwork in wealthy Liechtenstein's elegant black granite cube of a museum.
Mar 15, 2009 14:32 EDT
Paper: Ex-Deutsche Post CEO, convicted for tax evasion, gets $26 million pension. A German newspaper reported Sunday that Deutsche Post AG has paid a pension of euro20 million ($26 million) to Klaus Zumwinkel, the former CEO convicted of tax evasion.
Feb 15, 2008 06:59 EST
The top business news from The Associated Press for the morning of Friday, February 15, 2008:
Feb 15, 2008 06:36 EST
Chief Executive of Deutsche Post Offers to Resign Amid Tax Probe, Germany Government Says. The chief executive of Deutsche Post AG has offered to resign in the wake of allegations that he evaded some $1.45 million in taxes through investments in Liechtenstein, the Finance Ministry said Friday.