Germany is the eighth most popular tax haven on the planet? Markus Meinzer from the international Tax Justice Network talks about the reasons for growing fiscal inequity in Germany.
Despite possessing one of the world's biggest economies, Germany ranked among the top 10 in the 2018 Financial Secrecy Index. Serious tax loopholes and lax enforcement contributed to the high ranking.
The Maltese government has reacted angrily after a German state's finance minister called the EU island state "Europe's Panama." Now officials are hunting down Germans allegedly using Malta to dodge the taxman.
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.
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