Many prominent tax evaders managed to avoid taxation over years by hoarding their money in tax havens. They avoided paying taxes in their country of residence, because they managed to hide their money in offshore accounts or other financial structures abroad.
But their secret is in danger. Investigators are catching more and more tax evaders by purchasing high sensitive bank data CDs from Swiss whistle blowers. Now Switzerland even decided to go one step further.
New List with Tax Dodgers
The Swiss Tax Administration started to publish the names of possible German and other foreign tax dodgers on the Internet.
The official reason of this new “German List” – Apparently the Swiss authorities are overwhelmed with new requests for mutual assistance of foreign tax administrations. Every country is asking to hand out new lists with people that have secret Swiss bank accounts. To “inform and warn” the affected tax dodgers, the Swiss Tax authorities are publishing their names online in order to give them the chance to defend themselves form the so called “Group Request” of foreign tax authorities.
