German state offered new data on tax dodgers-paper

BERLIN, Aug 22 (BestGrowthStock) – A whistleblower has offered a
German state data about some 250 companies that have allegedly
evaded taxes worth up to 800 million euros ($1.03 billion)
through bank holdings in Switzerland, a German paper reported on
Sunday.

The informer told the western state of Baden-Wuerttemberg by
email that he could provide detailed information on the
companies working mostly in the telecommunications and real
estate sectors in Germany, Bild am Sonntag reported.

“I know these people to some extent … and in which banks
in Switzerland the money is being held,” the whistleblower wrote
in an email, according to the paper. “We are talking about tax
losses of between 600 and 800 million euros.”

Baden-Wuerttemberg Finance Minister Willi Staechele
confirmed receiving the email, and its content.

“We are taking this letter very seriously and are checking
if this data is legally available and can be used for tax
investigations,” Staechele told Bild am Sonntag.

The finance ministry in Baden-Wuerttemberg, a wealthy state
bordering Switzerland, was unavailable for comment on Sunday.

Germany has taken an increasingly tough line on tax evasion
since the financial crisis broke, straining state coffers.

Between 1.5 billion and 2 billion euros in lost revenues
could be recovered in Germany this year from some 25,000 tax
evaders who have come clean about holdings in foreign bank
accounts, the DSTG financial authorities trade union has said.

According to Bild am Sonntag, the informer said he was
prepared to deliver a “test client” to Baden-Wuerttemberg if it
wanted to check the validity of the information he held.

He had apparently not yet claimed any money for the data.
($1=.7806 Euro)
(Reporting by Sarah Marsh; Editing by Jon Loades-Carter)

German state offered new data on tax dodgers-paper