The Financial Administration announced the findings March 11 without giving specific names of these clients, who are alleged to have used the accounts to avoid taxes. The FS had asked its French counterpart for the list.
The amounts on individual accounts are up to €3.5 million, FS spokeswoman Patrícia Macíková told the SITA newswire. The FS will now start checking on the facts from the list in cooperation with the special Tax Cobra investigation unit. “It is not possible to publish more information from the list, as the facts are tax secrets,” she added.
FS President František Imrecze asked for the list in mid February and announced a task force involving the Tax Cobra unit, police, the General Prosecutor’s Office and the Financial Administration would look into the case.
HSBC admitted flaws by its Swiss branch which had helped rich clients to avoid paying taxes and hide their wealth amounting to millions of dollars. Swiss HSBC enabled clients to draw considerable amounts, often in foreign currencies. HSBC also offered projects that probably enabled dodging European taxes, and concluded contracts with some that were aimed at keeping accounts secret from local tax offices, SITA wrote.
11. Mar 2015 at 22:58 | Compiled by Spectator staff