Not Switzerland or Luxembourg: Jersey is the most popular tax haven of the German

Proud 180,8 billion euros reported in Jersey in the accounts of the Germans (as of 2018). The small island is the clear frontrunner. Behind Switzerland less sur

Not Switzerland or Luxembourg: Jersey is the most popular tax haven of the German

Proud 180,8 billion euros reported in Jersey in the accounts of the Germans (as of 2018). The small island is the clear frontrunner. Behind Switzerland less surprising with 133,1 billion euros and Luxembourg 125.8 billion euros. The go out of a reply of the Federal Ministry of Finance on a request of the left party. The data are available in the "NDR" and the "süddeutsche Zeitung" in advance.

Overall, had German on the Federal Ministry of Finance, listed in tax havens in the year 2018 at least 591,3 billion euros on accounts. The basis of the data of the so-called automatic exchange of information. It States inform each other about accounts held by foreign Taxpayers in you. To complicate tax evasion. An average of 14.7 million Euro bearings on a Jersey account

The statistics of the Ministry of Finance and says nothing about whether the money is legal or illegal. The check, the competent tax authorities, after the data has been transmitted.

also Interesting is the consideration of the total sums in relation to the accounts the number is according to the "SZ". Here, too, the Jersey is clearly on course 1. German pitched in an average of 14.7 million Euro on an account. On place 2 is a channel island, according to media report, also surprising. In Guernsey 2.5 million euros camped in the cut on one account.

the United Kingdom and the Caribbean Islands with a degree of secrecy

In the list of the Ministry missing, according to the "SZ", however, is probably the important tax havens. States can use the data publication to contradict, or restrict. For example, the Caribbean Islands, Caymans, and the Bahamas require that statistics about their countries remain a secret. Similarly, the United Kingdom, with the London a large financial centre. The values are likely to be correspondingly high.

Also, the USA is not part of the exchange ring. You report the data on their own System.

Why Jersey?

Jersey is an Autonomous island in the British crown dependency with its own administration, its own laws and a own, very enticing tax system. Companies pay according to the "SZ" in many cases, zero percent corporate income tax. Jersey applicable to longer as a tax haven. New is that also of German private individuals store their assets there.

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Updated Date: 25 June 2020, 20:26

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