Prosecutors raid tax offices in Hoeness affair

German prosecutors have raided tax offices in Bavaria in a bid to find out who leaked tax records of the Bayern Munich president, Uli Hoeness, to the press. The crime could carry a five-year jail sentence.


PwC launches Intergovernmental agreement monitor

The expected wave of intergovernmental agreements (IGAs) implementing the tax reporting and withholding procedures commonly associated with the Foreign Account Tax Compliance Act (FATCA) has begun.