Thursday, April 29, 2021
Volume:
37
Issue:
5
Abstract:
On April 26, 2021, Switzerland’s Migros Bank announced it has agreed to enter into a settlement with German prosecutors to pay $2.9 million to resolve allegations it permitted and helped German taxpayers to conceal assets from the German tax authorities.[1]
[1] Michael Shields and Louise heavens, Swiss Migros Bank settles German charges it aided tax dodgers, Reuters, Apr. 26, 2021.