German tax inspectors follow Swiss data trail

German authorities buying inside information from Swiss bankers to track down tax evaders.

    Swiss banks are known the world over as tax havens for the wealthy.

    Account holders are protected by a law that keeps their identities and deposits secret. Now, however, Germany is buying inside information as part of a crackdown on its tax evaders.

    The move is causing tensions to rise between the two European neighbours.

    Al Jazeera's Nick Spicer reports from Bern, Switzerland.

    SOURCE: Al Jazeera


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