EU summit: Kurz exults, debt union avoided – last hour

(ANSA) – BRUSSELS, JULY 21 – “In Brussels we avoided debt union, we managed to reduce subsidies from 500 to 390 billion, we lightened” Austrian taxpayers, “we got guarantees on the implementation of the reforms and we managed to increase the discounts for Austria “. So the chancellor Sebastian Kurz in a video in which […]

Entrepreneurs must observe these rules

tax declaration If the suspicion of tax evasion is raised wrongly, it can be helpful for those affected if they still have the necessary documents to relieve them. (Photo: dpa) Frankfurt All entrepreneurs who are obliged to submit a surplus income statement or to keep accounts must archive their documents. There is no special regulation […]

Freshfields creates ethics council headed by Udo Di Fabio

Dusseldorf “We woke up a little late.” And: “We underestimated the allegations.” These or similar sentences can be heard today when you look at Freshfields Bruckhaus Deringer, Germany’s largest law firm, for one of the most inglorious episodes in its consulting history and its internal Processing overhears. We’re talking about Cum-Ex. These are the stock […]

Where the tax office 2020 takes a closer look

Income tax return In some fields, the tax office takes a closer look than in others. (Photo: IMAGO) Frankfurt Pupils and students are familiar with the phenomenon: Some teachers and professors let you know more or less in detail shortly before an exam which learning content is particularly relevant for the exam. It is similar […]

Israeli bank Hapoalim fined $ 900 million

Bank Hapoalim The Israeli money house has helped transfer assets of more than $ 7 billion to accounts outside the United States. (Photo: dpa) Tel Aviv The major Israeli bank Hapoalim has agreed with the US authorities to pay a total of more than $ 900 million, also because of its involvement in the FIFA […]

M.M. Warburg quadruples loss

M.M. Warburg The private bank involved in the cum-ex scandal is slipping deeper into the red. (Photo: dpa) Frankfurt Hamburg private bank M.M., involved in the cum-ex scandal Warburg slipped deeper into the red in 2019. After taxes, the Warburg Group posted a consolidated loss of 61.8 (previous year: 14.6) million euros, as the money […]

Hamburg demands taxes from M.M. Warburg back

Cologne So now: The Hamburg financial administration is taking action at the private bank M.M. Warburg through. For the years 2007 to 2009, the tax authorities require repayments of 160 million euros. It is a new gait by the Hamburg tax authority, the M.M. Warburg had granted for many years. Although it had long been […]

The hunt for gold investments

Dusseldorf There were 800 investigators, 200 search objects and more than 100 suspects. The sheer numbers of the raid caught the eye when the officials, led by the Augsburg public prosecutor, spread throughout the Republic in January 2018. The damage assumed for which the investigators were looking for those responsible was several hundred million euros. […]