| Author (Person) | Shotter, James |
|---|---|
| Series Title | Financial Times |
| Series Details | 13.8.12 |
| Publication Date | 13/08/2012 |
| Content Type | News |
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Sigmar Gabriel, the Social Democrats’ (SDP) national chairman in Germany, the country's main opposition party, accused Swiss banks of 'organised criminality' in August 2012 for helping rich Germans evade taxes, and suggested that Germany should threaten the banks with criminal proceedings. The salvo followed calls from other members of the SDP to scrap the tax deal struck between Germany and Switzerland in August 2011, and marked a significant escalation of the political battle over its future. The tax deal treaty had already been ratified in Bern, but not in Berlin, and Germany’s centre-right government cannot approve it without the backing of the SPD. |
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| Subject Categories | Taxation |
| Countries / Regions | Germany, Switzerland |
