German tax inspectors follow Swiss data trail

2012-09-26 16

Swiss banks are known the world over as tax havens for the wealthy. Account holders are protected by a law that keeps their identities and deposits secret. Now, however, Germany is buying inside information as part of a crackdown on its tax evaders. The move is causing tensions to rise between the two neighbours. Al Jazeera's Nick Spicer reports from Bern, Switzerland.