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Germany Secures Tax Trove From Dubai in Anti-Evasion Campaign

June 11, 2021, 4:33 PM

German authorities secured a trove of tax data from Dubai, Finance Minister Olaf Scholz said, marking the first time the federal government has used the technique in efforts to stem tax crimes.

The Central Federal Tax Office paid about 2 million euros ($2.4 million) to purchase the data from an anonymous source, Der Spiegel reported. German state governments have previously made such purchases to combat tax fraud.

“Tax evasion is not a trivial offense, but a criminal act,” Scholz told reporters in Berlin on Friday. “We don’t tolerate this.” He didn’t provide specifics on how the data were obtained.

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