Photo Gallery Tax Haven Germany
German Finance Minister Peer Steinbrück has been railing against tax havens such as Switzerland and Luxembourg with harsh rhetoric. But he has paid too little attention to completely legal loopholes -- such as having subsidiaries on Malta -- that allow German corporations and the ultra-rich to minimize their tax burdens.
German Finance Minister Peer Steinbrück has been railing against tax havens such as Switzerland and Luxembourg with harsh rhetoric. But he has paid too little attention to completely legal loopholes.
Foto: ddp
German companies are taking advantage of a tax dodge involving EU member state Malta.
Foto: LINO ARRIGO AZZOPARDI/ ASSOCIATED PRESS
Many experts feel that Germany's tax system is too complicated. Heidelberg tax professor Paul Kirchhof advocates a drastically simplified system without significant deduction options.
Foto: JOHN MACDOUGALL/ AFP
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