Offshore leaks (also in German; more rarely translated as tax outflows shifted abroad)

Transactions of German banks abroad with the primary purpose of evading taxes due on the same activity in Germany. Often, this also includes the escape from monitoring money laundering. – Although so-called “investigative journalists” repeatedly reported on such alleged transactions in a highly media effective manner, thus fueling a shitstorm against banks, the supervisory authority found no evidence of such machinations. – See bank bashing, blog, financial asophy, financial dumbass, financial vulture, financial vulture, financial sodomite, financial terrorist, money sucker, internet forums, know-nots, corporate, misochrematism, Twitter, conspiracy theories. – Cf. Annual Report 2013 of BaFin, p. 108 (no evidence of abusive transactions by German institutions).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/