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Swiss Bank Under Tax Scrutiny in Germany

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Prosecutors in Munich suspect wealthy Germans deployed sham losses to reduce their tax burden. This has led officials to Banque Cramer's door. Geneva-based Cramer & Cie SA is suspected of aiding German entrepreneurs to evade millions of euros in taxes, according to «Handelsblatt» (behind paywall, in German), which cited an…

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Click here to read the full story: Finews.com

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