- Germany edition
- Change edition:
- France |
- Norway |
- Spain |
- Sweden |
- Switzerland
Germany to chase tax dodgers in Singapore
Published: 6 Oct 12 12:30 CET | Print version
Online: http://www.thelocal.de/national/20121006-45399.html
German Finance Minister Wolfgang Schäuble is planning a deal with the Singapore government to provide information on wealthy Germans hording money in the Asian haven.
- Swiss want to tax loot from stolen CDs - Business & Money (5 Oct 12)
- Germany's rich get richer despite crisis - Business & Money (18 Sep 12)
- Minister wants to ban stolen tax-dodger details - National (1 Sep 12)
The finance minister's move follows new suggestions that rich Germans are shifting billions of euros from Switzerland to Singapore because CDs stolen from Swiss banks could reveal their hidden cash. Germany is also planning a new tax agreement with Switzerland.
Singapore has yet to react to Schäuble's proposal. The East Asian financial metropolis already has a tax agreement with Germany, and in October 2009 its parliament passed a law allowing it to force banks to reveal account details in the case of suspected tax evasion.
The Organisation for Economic Co-operation and Development (OECD) also took Singapore off its list of dubious tax havens in 2009, but in practice it remains difficult for investigators to find information on potential evaders.
In 2011, the OECD criticized Singapore's existing tax agreements for containing too many loopholes.
The Local/DPA/bk
What do you think? Leave your comment below.
'Germany is indifferent to neo-Nazi violence'
It's an intriguing premise: Are Germans ready to elect a Jewish politician chancellor? British journalist David Crossland has written a novel exploring themes of racism and neo-Nazi violence in Germany. The Local has excerpts. READ () »
Fan wants Bayern ticket-Oktoberfest beer swap
A Bayern Munich supporter is so desperate to get his hands on a ticket for Saturday's Champions League final against Borussia Dortmund he is offering to trade 20 litres of beer and a rare free table at Oktoberfest. READ () »
Nationwide cannabis limit rolls nearer
Germany could in the future have a country-wide “tolerable limit” for cannabis possession, it was reported on Friday. Currently, this amount differs between states. READ () »
Job centre Facebook spying 'is illegal'
Job centres searching for photos of “ill” people at wild parties or statuses by “broke” people boasting about their new cars were warned on Friday it was illegal to use Facebook to spy on people suspected of abusing the benefits system. READ () »
Fraternities mull 'Aryan purity' test for members
Germany's oldest fraternity association could change its membership rules to include only ethnic Germans at their annual meeting this weekend, the country's media reported on Friday. READ () »
'Herrenberg is a colourful, cultural gem'
Get The Local flavour of Germany with our series offering an insider's take on their hometown. This week, Marcy Jarvis talks about her adopted town, Herrenberg. READ () »
Immigrants 'more skilled' than many Germans
Nearly half of all immigrants arriving in Germany are more highly skilled than their host country's residents, a study released on Friday revealed. READ () »
Cardinal: Women should stay at home and breed
A leading German Catholic cardinal says the government should encourage women to stay at home and breed - rather than bring immigrants into the country to solve its demographic problems. READ () »
- 24/05 Job centre Facebook spying 'is illegal' »
- 24/05 Fraternities mull 'Aryan purity' test for members »
- 23/05 Brewers: 'No fracking with our German beer' »
- 23/05 Keep your socks on – autumn is in the air »
- 23/05 Germany tops world popularity poll »
- 22/05 Cop faces charges for punching woman »
- 22/05 Police raid suspected leftist extremists »
- 22/05 NSU known as neo-Nazi 'terror cell' before killings »
- 21/05 First bison born in wild 'for centuries' »
- 21/05 States to toughen laws on drunken cycling »
- 24/05 Top Ten: English terms the French want barred »
- 24/05 Street crime hurts Paris tourism: fashion brands »
More news from France at thelocal.fr
More news from Norway at thelocal.no
More news from Sweden at thelocal.se
- 24/05 Tibetan exiles berate Chinese rights record »
- 24/05 Chinese premier lauds trade deal in Bern »
More news from Switzerland at thelocal.ch
See all ads | Join the Marketplace
-
British Corner Shop
British Corner Shop - The online supermarket for expats -
Weiss Institut
Free yourself from Smoking addictions, Sugar craving and Alcohol addictions -
PsyShrink Munich
The Expat Psychologists in Munich, Frankfurt and worldwide -
PsyShrink Frankfurt
The Expat Psychologists in Munich, Frankfurt and worldwide -
Shiply Worldwide Ltd
Shiply the Online Transport Market Place -
Chambervelt Rooselain & Cie Ltd.
Insurance and financial planning for English speakers in Germany
903 jobs available
657 new jobs this week
0 new jobs today
- Manager Brand & Science Communications G
- Network Systems Engineer (m/f)
- Marketing Manager
- R&D Engineer
- Associate System Engineer
- Technical Team Lead
- (Junior) Software Developer (LAMP) (m/f)
- Store Rep
- Senior Store Lead
- Group Junior Analyst (f/m)
- Apr/09 Touring Tempelhof – Europe’s Largest Historical Monument
- Apr/09 Spring in Berlin 2013 – Where, What Why and When!
- Mar/12 Living Like a Local – Tell us what you think and win a weekend in Berlin!
- Feb/04 Escaping the City – Our Recommended Suburban Getaways
- Feb/04 Berlin Tegel Airport Transfers – How to get into the City
Dating
Looking for your own blonde bombshell? Or is the strong, silent type more your
style? Find a German sweetheart here.
Weather
"After clouds comes clear weather," say the Germans. But what about after that? Find out in The Local's weather
section.
Blog
German stuff that's distracting us today.
Noticeboard
Whether you want to buy, sell, hire, announce or promote something, here's the place to do it - completely free of
charge.
Discuss
Debate the news, ask for advice, make friends - or just let off steam.
Register now for:
> Free use of noticeboard
> Special discounts
> Weekly news roundup
> Unlimited use of discuss
- Dual Vocational Training in Europe – An Export Winner “Made in Germany”
The dual vocational training system “Made in Germany” is enjoying an amazing comeback – all over Europe.... - Let’s read together! Parents and the Promotion of Reading
It is good for children when they read a lot and actually enjoy it. - Collectivity and Representations of Community in Dance
With its streams of data and traffic, the present age is creating new forms of community. - Living Like a Poem – Sarah Kirsch Dies (05/23/2013)
On 5 May 2013, the poet Sarah Kirsch died after a short but serious illness in Heide in Schleswig-Holstein.... - Food trucks – meals on wheels
Small mobile restaurants are starting to catch on in Germany and they are often far more than your average snack wagons with Currywurst and Pommes.
- So You Want to Be an Artist
The tradition of hands-on training in the arts is alive and well in Germany. Interested in studying visual, performance, or sound arts? Keen to pursue graphic and product design, textiles, or typography? Germany is home to many exceptional art schools as well as a rich history of excellence in and support for the arts. - Frankfurt's Skyscrapers: A Guide
Frankfurt is known for banks and skyscrapers. So what is behind the colossal glass, steel, and stone facades of the city’s buildings? Meet Frankfurt’s tallest. - Conference - Pioneers on Dual Training Abroad
Germany‘s system of dual training is one of the foundations of its economic strength. - The all-German final in Wembley
Bayern München and Borussia Dortmund are playing in the final of the Champions League at London’s Wembley Stadium. - German first feature film in Cannes
A directorial debut from Germany makes it to the competition “Un Certain Regard” at the famous film festival on the Côte d’Azur.
- Theatre festival between the Saar and the Mosel
The Festival Perspectives in the German-French region around Saarbrücken is staging European theatre, dance and music productions. - The European Year of Citizens
2013 is the European Year of Citizens. - Europe Day, Robert Schuman and Class 4a
Enthusiasm for the idea of Europe – in the 60th European Competition, schoolchildren from Germany show what this could look like. - Relief organizations
The portals presented here provide information on the help programs offered by different organizations.
- Design Engineer Aerospace in Toulouse
- Design Feasibility Engineer / Craftsmanship Engineer (m/f)
- Director User Experience (m/f) at XING
- Ingenieur Sondergasapplikationen (m/w)
- Lead Commodity Leader (m/f)
- Lead Commodity Leader (m/f)
- Praktikum Information Management / Internship IM (m/f)
- Product Manager / Engineer (m/w) for our Search Engine
- Senior Anti-Virus Researcher (m/f)
- Senior Strategic Project Manager (f/m)
- 07:44 Saturday Night Meetup
- 07:40 Sunday Hiking – open countryside, Berlin, Potsdam
- 07:21 Taking my dogs back to the UK
- 04:42 Where to buy Heinz baked beans
- 04:40 20ies Something- feeling lost
- 03:09 Cycling tours around Munich
- 02:42 Are people with tattoos stupid?
- 00:26 1&1: how to close the contract
- 00:03 Meet 'n' Eat - LE pique-nique français
- 00:00 Poker in Frankfurt
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!
'Charming, old, beamed cottage for holiday let in Jesus Pobre, Alicante, Spain
www.littlehouseinspain.com/
Professional and qualified consultancy on all insurance and finance matters in Germany, Telephone: +49 2163 571 1740, Email: bg@albatross-assurance.com
www.albatross-assurance.com
Visiting Berlin anytime soon? Book your hotel in Berlin here.
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Your comments about this article:
The German tax man reminds me of a trip I once took to Rome, a child tried to pick pocket me on the subway. German tax man=Pickpocket!
I suspect some country will eventually be trusted and not worry or care what the german tax man says. They just have to convince their employees that if they release info that is intrusted, the customer looses faith and he will be located and incarcerated and no amount of bribery money will be worth it.
As long as the government robs Peter to pay Paul. They can always count on the support of Paul to continue or escalate such robberies.