Germany Reaps 200 Million Euros in Liechtenstein Tax

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Germany Reaps 200 Million Euros in Liechtenstein Tax Probe
The German government has so far raised about 200 million euros ($270 million) in back taxes from secret accounts in Liechtenstein in the two years since it bought stolen bank data to track down tax evaders. The illicit disk purchased in 2008 from a former employee of the Liechtenstein princely house’s bank, LGT Group, has led to 588 investigations into tax violations, of which about a third have been completed, the government said today in Berlin in response to a parliamentary inquiry by Germany’s opposition Left Party.