GlobalPost, April 5, 2012
BERLIN, Germany — An ugly spat has broken out that could scupper a tax agreement between Switzerland and Germany.
Germany’s center-left opposition is in uproar over the news that the Swiss authorities have issued arrest warrants for three German tax officials, on suspicion of economic espionage.
The revelation couldn’t have been more poorly timed, coming just as Germany and Switzerland are trying to push through an agreement on tackling tax evasion.
The German opposition — the Social Democrats and Greens — had already been critical of a deal it saw as too soft on tax dodgers and Swiss banking secrecy. Now the parties are threatening to block ratification of the agreement. Continue reading