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In the wake of Germany's decision to purchase stolen Swiss bank account data, tax authorities and lawyers are reporting being contacted by Germans with an estimated €200 billion in undeclared funds seeking to avoid criminal prosecution, Reuters reports. Despite concerns raised by Swiss officials and privacy advocates alike, Germany decided to pay €2.5 million for the stolen data that is expected to contain information on tax evaders. The data could help the country recoup €400 million in tax revenue. "There's been a delightful rise in tax compliance," Berlin Finance Department Spokesman Daniel Abbou said after 74 people volunteered to pay back taxes on previously undeclared income in the past week.
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