WebSep 10, 2024 · German prosecutors on Tuesday raided the Frankfurt offices of Germany's second-biggest lender Commerzbank, media reported, looking for evidence of mass tax fraud known as "cum-ex". "Investigative ... WebSep 29, 2015 · Essentially, cum-ex dividend transactions take advantage of German tax law by claiming a withholding tax refund from the authorities, more than once. Through cum-ex trades, banks can gain a tax advantage of 25% withholding tax, plus a solidarity charge bringing a total saving of 26.83%. Some trades using the method have been as large as …
Frankfurt office of ABN Amro raided over cum-ex tax scandal
WebMitten in der „Cum-Ex”-Steueraffäre traf sich Scholz mit einem Gesellschafter der Warburg Bank. Später konnte er sich an Einzelheiten angeblich nicht erinnern. Ein Hamburger U … WebThe so-called cum-ex trading scheme which took place more than a decade ago has been the subject of one of Germany’s biggest post-war fraud investigations, involving … bandcamp selling music
Commerzbank raided by prosecutors investigating German tax …
WebCommerzbank’s largest shareholder, the German government, lost confidence in Schmitz, who was appointed to the supervisory board on Jan. 1 and resigned following a meeting … WebSep 10, 2024 · 09/10/19 AT 7:57 AM EDT. Germany's Commerzbank is facing raids over a mass tax fraud known as 'cum-ex' AFP / Daniel ROLAND. German prosecutors on Tuesday raided the Frankfurt offices … WebApr 11, 2024 · The Cum/Ex procedures are progressing, with German prosecutors taking numerous financial institutions to courts, and financial institutions suing each other for the costs and responsibilities. ... Commerzbank, SE Banken, Macquarie, Barclays, Santander, the Duet Group. It has actually put 100 banks and 400 individuals on notice of … arti mimpi berubah jadi pocong