Slovenia Initials FATCA Agreement With US

Failure by an FFI to disclose information on their US clients, including account ownership, balances and amounts moving in and out of the accounts, will result in a requirement to withhold 30 percent tax on payments of US-sourced income.


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.