Tag: tax evasion
Hamburg politicians give NRW Justice Minister an ultimatum
Building by MM Warburg in Hamburg The traditional Hamburg bank is deeply involved in the Cum-Ex affair surrounding double tax refunds. (Photo: Getty Images) Dusseldorf Richard Seelmaecker is at the…
Cum-Ex “too good to be true”
Maple Bank lettering In the case of cum-ex transactions, which Maple Bank ran under the name “German Pair Strategy”, banks and investors never had any capital gains taxes paid refunded.…
Ten methods that tax authorities can use to track down tax evaders
man at the laptop The tax offices collect numerous data in order to compare them with the tax returns. (Photo: imago stock&people) Frankfurt Banking secrecy is one of the most…
Volkssport Tax evasion – Greek government wants to take tougher action against tax evaders
Kyriacus Mitsotakis The Greek Prime Minister declares war on tax evasion. (Photo: Reuters) Athens During the Greek election campaign, all sorts of things were talked about, but one word never…
Cum-Ex dispute between the Attorney General and ex-NRW Minister escalated
Peter Biesenbach In March 2023, the former North Rhine-Westphalia Minister of Justice lodged a complaint against the head of the Cologne public prosecutor’s office and his former deputy. (Photo: dpa)…
Tax office: These bitcoin tax evaders are discovered
silhouettes Tax investigators suspect that taxes in the millions are being evaded in the trade in cryptocurrencies. (Photo: IMAGO) Frankfurt In the noughties, it was the owners of black money…
Ex-Fortis banker released on €15m bail
Eurojust is investigating Cum-Ex The joint action was coordinated by the European judicial authority Eurojust. (Photo: IMAGO/ANP) Dusseldorf Frank Vogel is free again – at least for the time being.…
Investigators search German offices of investment bank Natixis
Financial district in Frankfurt Another crackdown on the Cum-Ex tax scandal. This time the German branches of the investment bank Natixis are being searched. (Photo: dpa) Dusseldorf Around 60 public…
“Law firms are lagging behind when it comes to compliance”
Professor Lucia Sommerer In an interview, the legal scholar speaks about the convicted lawyer Hanno Berger. (Photo: Private) Cologne Lucia Sommerer is a German-American legal scholar with a research focus…
Former Freshfields star attorney to stand trial in September
Freshfields headquarters in Frankfurt’s Park Tower Along with Allen & Overy, Clifford Chance and Linklaters, Freshfields is one of only four law firms in the industry’s so-called magic circle. (Photo:…
Ex-Warburg boss Olearius must be in the dock from September
Private bank MM Warburg in Hamburg No money house is so in focus in the cum-ex scandal. With the trial of Christian Olearius, the work-up goes into the next round.…
Court sentences London stock exchange trader to suspended sentence
London skyline A London stock trader has been convicted in the cum-ex scandal. (Photo: dpa) Cologne The Bonn district court sentenced fund manager S. from England on Tuesday for aiding…
Tax investigation committee against Scholz probably legal
Federal Chancellor Olaf Scholz (SPD) In previous studies, Scholz referred to gaps in memory. (Photo: Reuters) Berlin The Cum-Ex investigative committee demanded by the Union is approaching. A legal opinion…
Investigations against WestLB and Portigon managers become a thriller
Former headquarters of WestLB in Düsseldorf According to the public prosecutor’s office, the Landesbank’s cum-ex transactions were completed between 2007 and 2011. (Photo: imago stock&people) Dusseldorf Thomas Fischer, Alexander Stuhlmann,…
Investigators search financial giant Nomura in Frankfurt
Frankfurt banking district Dusseldorf The scandal surrounding the double refund of capital gains tax paid only once is spreading further. According to information from the Handelsblatt from legal circles, around…
How card payments could help Greece reduce debt
ATM in Athens Cash is losing popularity in Greece. (Photo: AFP/Getty Images) Athens From shopping in the supermarket to a new fridge or television to a piece of property –…
Prime suspect in cum-ex scandal faces extradition
Sanjay Shah The Briton was arrested at the Danish request. (Photo: Bloomberg/Getty Images) Dusseldorf Sanjay Shah has made a fortune doing business at the taxpayer’s expense. For a long time,…
Credit Suisse violated US tax evasion treaties
Credit Suisse office in New York Credit Suisse is about to be taken over by UBS. (Photo: Bloomberg) London According to an investigation, the major Swiss bank Credit Suisse violated…
Major raid on banking giants in Paris
La Defense financial district in Paris German and French investigators search rooms of BNP Paribas, Société Générale, HSBC and Natixis. (Photo: dpa) Paris, Dusseldorf The scandal surrounding the massive evasion…
Cum-Ex: Charges against Luxembourg fund managers
Paragraph sign on the entrance door of the Bonn Regional Court Cologne prosecutors have submitted a new charge in the Cum-Ex scandal to the Bonn Regional Court. (Photo: Ulrich Baumgarten…