Germany helping firms launder money and avoid tax

Germany has joined Luxembourg as the biggest offender in the EU for helping companies launder their money and avoid paying tax, according to a new report.

However, their kindness to the financial and other business sectors is being paid for not just by their citizens, but by the third-world, according to the European Network on Debt and Development.

The report, 50 Shades of Tax Dodging, coincides with the first anniversary of the Luxleaks scandal that showed the extent of state collusion with multi-nationals to help them avoid paying tax.