The tax Department of Deutsche Bank knew according to research by WDR NDR and "SZ" at an early stage that the financial wizards accessed in the state Treasury. But to warn you instead of the Federal government, earned the Bank to the shops.
The warning reached the tax Department of Deutsche Bank in the spring of 2007. The internal E-Mails, the WDR, NDR and the "süddeutsche Zeitung". Therein, an employee summarizes his Meeting with the colleagues from the tax Department. It had gone to the shops, which are likely to give control of the German authorities would be required, which had previously paid no one, he writes. The shops would be operated by numerous actors on the financial market and to a considerable extent.
What are the alarm bells of every tax expert would have had to leave the chrillen, let the experts of the German Bank, apparently, cold. The tax lawyer, the employee, writes remained relaxed. Deutsche Bank itself had to fear because of the shops no problems. After that, the stores seem to run, and with money earned as a service provider. The competent tax authorities informed, according to present knowledge, no-one, apparently.Multiple taxes refunded
Today, it is clear: In the case of the transactions described, it was the biggest tax Heist of the Federal history. Cum-Ex, the equities trading that compares to a confusion. Shares with and without dividend trick are rich, and shuffled, to make a once only tax paid on dividend proceeds multiple times to refund.
The state to be defrauded in this way by a double-digit billion amount. Several state prosecutors are investigating against a number of Bank managers and stock exchange dealers. Including two former Employees of Deutsche Bank. Whether taking Advantage of loopholes in the law was, in fact, illegal, is not clarified until today, legally.1/6 So the "Cum-Ex"transactions
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