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The Boston Globe

World

Germany targets suspected tax cheats

BERLIN — German authorities launched dawn raids on the homes of over 200 suspected tax cheats Tuesday, acting on information gleaned from a CD containing the confidential account details of thousands of Swiss bank clients.

The top tax officials in the southwestern state of Rhineland-Palatinate said he expected to net some $654 million from the data, which German investigators bought for $5.2 million after deeming it ‘‘authentic and of excellent quality.’’

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