Introduction – During Feb. 2008 the German Intelligence Service paid an ex-employee of a Lichtenstein Bank for a CD containing all the account holder information of foreigners having foundation accounts in a Lichtenstein bank. The German government paid this individual either $6,000,000 or $7,300,000 depending on which account one wishes to believe. They did this thinking they would recover hundreds of millions in taxes. The Germans were alleging that there were Germans using Lichtenstein Foundations and banks to evade taxes that Germany imposes on its citizens. The German taxes can exceed 50% and there is a 25% capital gains tax....
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