About: http://data.cimple.eu/news-article/bf0eb20d1c1f717f4b06c9d20dc30a5ebcb855881b5d7103473306d6

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/bf0eb20d1c1f717f4b06c9d20dc30a5ebcb855881b5d7103473306d6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	German investigators were searching the offices of the country's banking association on Tuesday in relation to a multi-billion-euro share dividend tax fraud scandal. The public prosecutor's office in Cologne said searches are being carried out at the Berlin and Frankfurt offices of the Association of German Banks over allegations of tax evasion over so-called "cum-ex" transactions. "The proceedings are not directed against the association's managers or employees," the Cologne public prosecutor's office said. "The search is intended to find evidence that may be important to the ongoing investigation and to further clarify facts," it added. The association, which represents more than 200 private commercial banks, said: "We are cooperating fully with the authorities." First exposed in 2017, the scam involved numerous market participants quickly exchanging shares amongst themselves around dividend day, in order to claim multiple tax rebates on a single payout. In March, a court in Bonn handed two British former investment managers suspended sentences and millions of euros in fines in a landmark trial related to the scandal. Germany changed the law in 2012 to close a loophole exploited by the practice. A finance ministry spokesperson said last September that 2.4 billion euros worth of repayments had already been demanded after the ministry identified 499 cases of suspected cum-ex fraud worth 5.5 billion euros. Around 100 people have been indicted over the scandal, including bankers, stock traders, lawyers and financial consultants, according to German daily the Frankfurter Allgemeine Zeitung. edf/hmn/bmm
schema:headline	Germany searches bank association offices over share dividend trades
schema:mentions	Federal Constitutional Court Dividend Cologne Frankfurt Tax evasion Frankfurter Allgemeine Zeitung Berlin Germany United Kingdom Dividend tax 2015 in Romanian politics European Development Fund Bonn
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software