German authorities have been flooded by the disclosures of nearly 16,926 tax evaders over the first four months of 2014, driven by trial and conviction of former Bayern Munich president and chairman Uli Hoeness for evading tax.
The self-disclosure numbers for the first four months of the year across 16 states of the country is said to be more than that in 2011 and 2012 put together, according to local newspaper Welt am Sonntag.
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Since 2010, Germany secured nearly 4.3bn in back taxes and penalties from a total of 82,995 people admitted to have evaded taxes, according to the newspaper.
According to the national regulation, tax dodgers can avoid prison sentence by paying the back tax and leveled penalties before the authorities commence an investigation.
Earlier on 13 March 2014, Hoeness was sentenced a three-and-a-half year jail term for evading 27m in taxes, after giving up his role in Bayern Munich. Hoeness had admitted to evading taxes in secret Swiss bank accounts.
However, the court has ruled that Hoeness delayed in providing the authorities with necessary information, which was moreover riddled with errors.
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By GlobalData
