A decision to buy the information risks further souring
ties between Germany and Switzerland already damaged last year
in a spat over tax evasion. Swiss Finance Ministry spokesman
’s statement
yesterday that the authorities in Switzerland will offer no
legal help on tax matters that involve stolen information.
Information on secret Swiss accounts held by German
nationals could yield 200 million euros ($278 million) in lost
tax revenue to the German government, Handelsblatt reported
yesterday. Tax authorities were offered a CD that contained
1,500 names in exchange for 2.5 million euros.