German taxes support the euro

German taxes support the euro

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The euro started the new week quietly. By 8:30 MSK on Monday , March 17th, its exchange rate was $ 1.39 Players gather strength before the new jerk up and waiting for the right occasion to start action . Meanwhile, in Europe continues to work to strengthen the budget base .

So , at the weekend it was reported that the German Finance Minister Wolfgang Schaeuble needs to tighten the rules for tax evaders seeking to escape punishment after the arrest of ex – president of football club ” Bayern ” Uli Hoeness has highlighted this problem , reports Associated Press. Using Swiss bank former Bundesliga player concealed from the tax authorities of their income . Public opinion polls show strong opposition to concessions on the part of law enforcement agencies repentant tax deviators . In an interview with local publication V.Shoyble noted that the existing rules are effective, but not a sufficient tool. In particular, according to the law , with tax evasion amounting to more than 50 thousand euros offender must pay an additional 5 %. Finance Minister called for an increase of the fine. In addition, he spoke out against the statute of limitations for placing funds abroad .

District Court of Munich ruled that U.Heness should spend in prison following 3.5 years. The volume of its unpaid taxes of about 39 million euros. U.Heness hoped to conclude an agreement with the authorities and pay all the taxes he owed ​​, but the opposition has strongly opposed . Despite the support of the party of German Chancellor Angela Merkel , U.Heness was convicted. The court ruling , he refused the appeal and will serve his sentence .

Condemnation U.Henessa became exponential flogging and generally should play at strengthening the position of the German Ministry of Finance to collect taxes. This , in turn, positively affect budget revenues and serve as a good anti-crisis measure . At the moment, the question of tax consolidation does not seem the most important problem in Germany , but consistent work in this direction is an additional support for the euro.

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