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Germany intensifies pressure on tax evaders by buying data from Dubai Angela Merkel news


“With this new data set, we are shedding light on the dark corners where taxpayers used to be held,” said German Finance Minister Olaf Scholz.

The German finance minister has instructed the United Arab Emirates to buy data on Germans with assets in Dubai as part of a tax evasion effort following similar data purchases from Switzerland by regional authorities over the past decade.

The Ministry of Finance said that the data of the CD was sent to the regional financial authorities on Wednesday, so that they could study and decide to initiate proceedings against the possible offenders.

“We are using all available means to detect tax evasion,” said Finance Minister Olaf Scholz. “With the new data set, we are shedding light on the dark corners in which taxpayers have so far gathered.”

Negotiations with the anonymous informant started in January, and the purchase with the undisclosed amount was made in February, or it was announced only now.

The move comes ahead of Germany’s September 26 general election, when Scholz, the outgoing deputy chancellor of the government, is the center-left Social Democrat candidate to keep Angela Merkel as Germany’s leader. Although Scholz is highly regarded, his party has not been left out of the long-running polls.

One of the co-chairs of the Scholz party, Norbert Walter-Borjan, bought several disks containing data on customers of Swiss banks when he was Minister of Finance of Germany, the most populous state in Germany, North Rhine-Westphalia, from 2010-2017. to those steps.

Der Spiegel first reported that a disk containing details of assets in Dubai, such as land and real estate owned by German citizens, had been purchased.

It states that the anonymous informant asked German officials to provide the data for which the Federal Tax Administration paid about 2 million euros ($ 2.42 million).

Tax authorities in 16 German states have previously sought information from countries such as Switzerland to find out that wealthy Germans could avoid tax evasion.





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