Tuesday, February 19, 2008

German tax evaders invade Liechtenstein

In a surprise move to anyone living in Germany with less than five or ten million euros at his or her disposal and who may even have to actually work for a living, reports are rolling in that German armored vehicles filled with money have been rolling into the small, landlocked, quaint, peace-loving alpine principality of Liechtenstein. Of course the really surprising thing is that rich Germans and their money have been rolling into Liechtenstein like this for as long as anyone in the know can remember and why it is that this is suddenly considered to be such an issue right now.



But after what started out last week as an investigation into organized crime lead to discoveries of massive tax evasion and the subsequent fall of one of Germany’s most prominent managers, Germans are all hot and bothered about the latest tale of big time unbridled avarice and greed at the highest of German social levels and will continue to be that way for the next three to four days at least.

German tax investigators, always adept at “organizing” paid informants, have paid an underground contact man type in Liechtenstein more than $7 million (about 300 euros or a really expensive dinner there) to provide them with a CD detailing the bank accounts of hundreds of much too wealthy and most likely way too prominent German citizens whose armored money-transporting vehicles just won't stop invading his country already. They have also promised to give him a new identity, but cheap as they are, this will probably only consist of one of those Groucho Marx glasses with nose and mustache thingies.

The Liechtenstein banking group LGT Treuhand behind the banking part of the scandal, controlled by the country’s royal family by the way (“money doesn’t stink”), has lodged criminal proceedings against the “unknown person rat fink” who is now shaking up their quaint little alpine world. This could maybe even lead to war with Germany or something. And that would definetely not be smart because the German invading part has already taken place and would put those unfair wealthy Germans at an unfair advantage. Again, as usual, I mean.

Geld stinkt doch. Deshalb müssen wir es in Liechtenstein unterbringen.

Kommentare auf Deutsch? Klar.

Posted by clarsonimus at 07:31:47 | Permanent Link | Comments (10) |
Comments
1 - Putting my money into an armored Vanagon wouldn't fill me with the greatest of confidence but the passage of "...reports are rolling in that German armored vehicles filled with money..." reminded me of the well wriiten observation from William Shirer when he descrbed the thousands of German "tourists" carrying Zeiss Box Tengors and Model 1898s being trucked into the Rhineland during a bank holiday. Well done! (Comment this)

Written by: Pat Patterson at 2008/02/19 - 14:14:23
2 - Did you see Tagesthemen last night? Interesting quote from a former tax investigator who says that paying a thief for this type of information sets a dangerous precedent. Now any pissed-off business partner, employee, divorcing spouse, what have you, has a monetary incentive besides revenge for snitching. In the present case as well, it could all fall flat on its face because it remains to be seen if illegally obtained information can be used in a court of law. I think this is going to drag on for ages and the government's dreamed-of tax recovery windfall will be eaten up in the meantime. Guess who gets all the money? Your friendly neighbourhood lawyer, as usual. (Comment this)

Written by: ian in hamburg at 2008/02/19 - 14:45:03
3 - Following the Italian path of (legal?) denunciation through anyone ready to drop some information to the state, Germany shows an immoral way of dealing with thieves, who robbed the information from a bank, by paying the thief the tax payers money. There will be many more well payed thieves here soon. This must be stopped! The real question is, why does anyone need to put his/her money into another country´s banks? Could it be that the taxes are too high? Notice that not a single person in the German media asks this question? So who is trying to get into the tax payers pocket here?
Wir sind ja ein Niedrig-Steuer-Land ! Es sind doch nur Abgaben und keine Steuern. (Comment this)

Written by: Anonymous at 2008/02/19 - 17:35:13
4 - Anonymous, you guys are right on the money, pardon my expression. Of course it's a bad precedent to set, but why does it have to get this far? On the one hand it's criminal to take your money out of the country, but some would argue that it would be criminally stupid to leave it here with the taxes you have to pay on it - and it's only going to get worse in 2009 with this new number they're pulling. If the state didn't need this money so bad (like heroin), most of it probably would stay here. (Comment this)

Written by: clarsonimus at 2008/02/19 - 19:38:42
5 - I just like to say it, Lick ten shtine! (Comment this)

Written by: Miss Carnivorous at 2008/02/20 - 04:56:57
6 - Didn't they have this same headline a few years ago with Luxembourg? (Comment this)

Written by: Indeterminacy at 2008/02/20 - 08:49:03
7 - Miss Carnivorous, you really ARE nasty. <;-) (Comment this)

Written by: clarsonimus at 2008/02/20 - 09:27:31
8 - Indeterminacy, yeah. It's one of those ritual kind of things. (Comment this)

Written by: clarsonimus at 2008/02/20 - 09:35:26 in reply to: 6
9 - Ah, so it's Frankenstein from Lick ten shtine! Pronunciation guides are always so helpful. Now if I can just remember that it's Hedley Lamarr... (Comment this)

Written by: Pat Patterson at 2008/02/20 - 14:03:10
10 - Clars, I'm just misunderstood! (Comment this)

Written by: Miss Carnivorous at 2008/02/20 - 21:05:29
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