Germany fowards data on Greek-held Swiss bank accounts to Finance Ministry

Germany’s central tax authority has forwarded the details of 10,588 Swiss bank accounts held by Greek nationals to the Greek...

25.11.2015 14:03

Newsroom

Germany fowards data on Greek-held Swiss bank accounts to Finance Ministry

A bank employee counts Euro notes at Kasikornbank in Bangkok October 12, 2010. The Thai government agreed on Tuesday to impose a 15 percent withholding tax on interest and capital gains earned by foreign investors on Thai bonds, the latest bid by an emerging economy to tame its surging currency. From export-dependent Thailand to fast-growing China and Brazil, governments are moving to rein in their currencies as investors, turning their backs on low interest rates in the developed world, pour money into higher-yielding markets. REUTERS/Sukree Sukplang (THAILAND - Tags: POLITICS BUSINESS)

25.11.2015 14:03

International

Newsroom

Germany’s central tax authority has forwarded the details of 10,588 Swiss bank accounts held by Greek nationals to the Greek...

Germany’s central tax authority has forwarded the details of 10,588 Swiss bank accounts held by Greek nationals to the Greek Ministry of Finances. The Ministry explained that this data will be passed on to the financial prosecutors and contribute towards the efforts to tackle tax evasion.

According to the Finance Ministry’s statement, the data on the 10,588 accounts relates to transactions in 2006 and 2008. The accounts in 2006 held 3.9 billion Swiss francs, while in 2008 the total sum amounted to 2.9 billion Swiss francs.

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