Dubious dealings connected to tax havens, a whistleblower who paid a heavy price for disclosing a banking scandal, and Germany has the world's 8th most popular tax flight refuge.
Germany is the biggest loser when it comes to profit transfers to tax havens. But according to international tax expert Gabriel Zucman from UC Berkeley, the eurozone's biggest economy could change this quickly.
Germany's federal investigators have paid up to 5 million euros for the trove of documents at the center of the so-called Panama Papers leak. While controversial, the purchase of stolen bank data is legal.
Jerome Cahuzac, who once led a French government crackdown on tax evasion, has been found guilty of that same crime. According to a Paris court, his method of evasion surpassed other cases.
Dubbed the 'Dallas on the Seine' affair, the tax-fraud trial of New York art dealer Guy Wildenstein has begun in Paris. In one of the biggest-ever cases of its kind, the 70-year-old faces 10 years in jail if convicted.
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