German Bank Sues Tax Authorities for Violation of Secrecy

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Monday, July 1, 1996
Author: 
Bruce Zagaris
Volume: 
12
Issue: 
7
256
Abstract: 
On May 24, 1996, Martin Kohlhaussen, the chairman of Commerzbank, announced that it was suing the Frankfurt office of the German tax authorities for breach of secrecy and appealing against the DM400m ($329m) claim for twelve years of back taxes...(more)