Home RSS

Swiss banking specialists challenge France over tax dodger blacklist

Henry Samuel Telegraph 09/01/2009 03:15
Eric Woerth: Mr Woerth said he received the account data from two banks 'operating in France'

Eric Woerth: Mr Woerth said he received the account data from two banks 'operating in France'


Swiss banking specialists on Monday questioned how France managed to obtain a blacklist of thousands of people suspected of evading taxes in undeclared accounts.



Eric Woerth, the French budget minister, said on Sunday that Paris had been given the names of 3,000 French residents who were "very probably" profiting illegally from the neighbouring country's secretive fiscal system.

The value of the assets in the accounts was estimated at about 3 billion euros (£2.6bn), he said.

The unprecedented move, which has cast fear into the thousands of French citizens thought to have deposited gains over the border, followed the signing last week of an information sharing agreement on suspected tax dodgers between Paris and Berne.

However, Switzerland's finance ministry on Monday said it had received no request for administrative assistance from the French tax authorities, and pointed out that the new bilateral agreement only takes effect next year.

Mr Woerth said he received the account data from two banks "operating in France", who offered up the details "spontaneously".

Read more...



Add your comment
  Anonymous comment
Nickname:
Password:
  Remember me on this computer

Title:
Send me by email any answer to my comment
Send me by email every new comment to this article