Law against treason of the German economy
The law against treachery of the German economy of June 12, 1933 ( RGBl. I, 360) expanded the obligation to notify assets and foreign currency located abroad . If reported in due time by August 31, 1933, impunity was assured for previously committed tax violations, and high penalties were threatened for non-compliance.
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Taxpayers had to report assets subject to wealth tax such as real estate , mortgages , holdings in companies , certain bonds and patents as well as foreign exchange holdings worth more than 200 Reichsmarks to the relevant tax office or another authority of the Reich Finance Administration by the reference date .
With the specification of the foreign exchange holdings, an offer was also linked to the responsible foreign exchange office , which could exchange them for Reichsmarks up to the exemption limit. According to Section 2, jewelery, pearls, precious metals as well as works of art and collections with a value of more than 1,000 Reichsmarks were subject to registration.
In the case of deliberate violations of the duty to notify, the prison sentence was not threatened with less than three years; even under extenuating circumstances the maximum sentence was ten years in prison. The minimum sentence for negligent omission was imprisonment of no less than one year. Jurisdiction was given to special courts in which time limits were shortened and legal remedies were restricted.
Further implementing ordinances of June 28, 1933 (RGBl. I, 413), of September 30, 1933 (RGBl. I, 697) and November 20, 1933 (RGBl. I, 984) specify details such as postpayments and the transfer of securities .
Effects
These measures led to another large withdrawal of German deposits from Swiss banks . Later, the requested information turned out to be an important basis for the art theft , in which National Socialists confiscated collections and works of art in occupied countries.
Web links
Individual evidence
- ↑ Independent Expert Commission Switzerland (PDF; 15 kB)