Olearius and Kahrs Decline Testimony in Hamburg Cum-Ex Inquiry
Christian Olearius, partner at Warburg Bank involved in the Cum-Ex scandal, will not personally testify before Hamburg's parliamentary committee due to health reasons, while Johannes Kahrs cites his right to remain silent, despite calls for both to appear before the committee investigating potential...
Olearius and Kahrs Decline Testimony in Hamburg Cum-Ex Inquiry
Christian Olearius, partner at Warburg Bank involved in the Cum-Ex scandal, will not personally testify before Hamburg's parliamentary committee due to health reasons, while Johannes Kahrs cites his right to remain silent, despite calls for both to appear before the committee investigating potential...
Progress
36% Bias Score
Greece Intensifies Tax Evasion Crackdown with New Audit Mechanisms
Greece's Ministry of Finance and Independent Authority for Public Revenue (AADE) are launching two new audit mechanisms and a new Center for Monitoring Large Taxpayers (KEMEF) to combat tax evasion, aiming for a €500 million increase in revenue by 2025, with stricter VAT declaration rules from Janua...
Greece Intensifies Tax Evasion Crackdown with New Audit Mechanisms
Greece's Ministry of Finance and Independent Authority for Public Revenue (AADE) are launching two new audit mechanisms and a new Center for Monitoring Large Taxpayers (KEMEF) to combat tax evasion, aiming for a €500 million increase in revenue by 2025, with stricter VAT declaration rules from Janua...
Progress
40% Bias Score
Spain Reclaims €502 Million in 2023 from Wealthy Tax Evaders
The Spanish Tax Agency recovered €502 million in 2023 from almost 1,000 audits targeting wealthy individuals using sophisticated tax evasion schemes, including billing personal expenses through companies and using offshore accounts; since 2018, over €2.98 billion has been recovered.
Spain Reclaims €502 Million in 2023 from Wealthy Tax Evaders
The Spanish Tax Agency recovered €502 million in 2023 from almost 1,000 audits targeting wealthy individuals using sophisticated tax evasion schemes, including billing personal expenses through companies and using offshore accounts; since 2018, over €2.98 billion has been recovered.
Progress
52% Bias Score
€17 Million Luxury Vehicle Import Fraud Ring Dismantled
A joint operation by Spanish and German authorities has dismantled an international luxury vehicle import fraud ring, resulting in 30 arrests and the recovery of €307,860 in cash, luxury vehicles, and the seizure of assets valued at over €11 million, causing over €17 million in VAT losses to the Spa...
€17 Million Luxury Vehicle Import Fraud Ring Dismantled
A joint operation by Spanish and German authorities has dismantled an international luxury vehicle import fraud ring, resulting in 30 arrests and the recovery of €307,860 in cash, luxury vehicles, and the seizure of assets valued at over €11 million, causing over €17 million in VAT losses to the Spa...
Progress
20% Bias Score
Lactalis Pays €475 Million to Settle French Tax Dispute
Lactalis, a French dairy company, paid €475 million to French tax authorities in December 2024 to settle a dispute regarding its international financing operations, involving subsidiaries in Belgium and Luxembourg, while a criminal investigation into potential tax evasion continues.
Lactalis Pays €475 Million to Settle French Tax Dispute
Lactalis, a French dairy company, paid €475 million to French tax authorities in December 2024 to settle a dispute regarding its international financing operations, involving subsidiaries in Belgium and Luxembourg, while a criminal investigation into potential tax evasion continues.
Progress
40% Bias Score
Greek Economy Projected to Grow 2.2-2.4% in 2025
Greece's State Budget Office projects 2.2-2.4% economic growth in 2025, driven by private consumption and exports, with a realistic goal of €2.5 billion annually from reduced tax evasion; Q3 2024 saw 2.4% GDP growth.
Greek Economy Projected to Grow 2.2-2.4% in 2025
Greece's State Budget Office projects 2.2-2.4% economic growth in 2025, driven by private consumption and exports, with a realistic goal of €2.5 billion annually from reduced tax evasion; Q3 2024 saw 2.4% GDP growth.
Progress
32% Bias Score
Olearius to Answer Cum-Ex Inquiry Questions in Writing
Christian Olearius, a Warburg Bank partner involved in the Cum-Ex tax scandal, will not testify in person before Hamburg's parliamentary inquiry committee due to health reasons; he will answer questions in writing, while the committee's investigation into potential political interference in the case...
Olearius to Answer Cum-Ex Inquiry Questions in Writing
Christian Olearius, a Warburg Bank partner involved in the Cum-Ex tax scandal, will not testify in person before Hamburg's parliamentary inquiry committee due to health reasons; he will answer questions in writing, while the committee's investigation into potential political interference in the case...
Progress
36% Bias Score
Germany's Slow Cum-Ex/Cum-Cum Recovery: Systemic Issues and Call for Reform
Former German prosecutor Brorhilker criticizes the slow recovery of billions of euros lost to Cum-Ex and Cum-Cum tax schemes due to insufficient inter-agency cooperation, lack of specialized expertise, and data stored abroad; she calls for a central authority to combat financial crime.
Germany's Slow Cum-Ex/Cum-Cum Recovery: Systemic Issues and Call for Reform
Former German prosecutor Brorhilker criticizes the slow recovery of billions of euros lost to Cum-Ex and Cum-Cum tax schemes due to insufficient inter-agency cooperation, lack of specialized expertise, and data stored abroad; she calls for a central authority to combat financial crime.
Progress
48% Bias Score
€17 Million VAT Fraud Ring Dismantled in Spain and Germany
Spanish and German authorities arrested 30 individuals and seized over €11 million in assets, dismantling a luxury vehicle import fraud ring that evaded over €17 million in Spanish VAT through shell companies and the exploitation of vulnerable individuals.
€17 Million VAT Fraud Ring Dismantled in Spain and Germany
Spanish and German authorities arrested 30 individuals and seized over €11 million in assets, dismantling a luxury vehicle import fraud ring that evaded over €17 million in Spanish VAT through shell companies and the exploitation of vulnerable individuals.
Progress
12% Bias Score
German Customs Seizes Millions of Illegal Imports in 2023
German customs intercepted millions of illegal or improperly declared items in 2023, including live animals, uncertified medical devices, and counterfeit goods, due to increased online shopping from non-EU countries. These seizures resulted in financial losses and legal consequences.
German Customs Seizes Millions of Illegal Imports in 2023
German customs intercepted millions of illegal or improperly declared items in 2023, including live animals, uncertified medical devices, and counterfeit goods, due to increased online shopping from non-EU countries. These seizures resulted in financial losses and legal consequences.
Progress
52% Bias Score
Greece's VAT Gap Narrows Significantly in 2022
Greece's VAT gap fell by 3.8 percentage points in 2022 to 13.7% of expected revenue, representing a €2.959 billion reduction and ranking fourth-best in the EU. This success is attributed to anti-tax evasion measures and potentially allows further tax cuts, though a significant gap remains.
Greece's VAT Gap Narrows Significantly in 2022
Greece's VAT gap fell by 3.8 percentage points in 2022 to 13.7% of expected revenue, representing a €2.959 billion reduction and ranking fourth-best in the EU. This success is attributed to anti-tax evasion measures and potentially allows further tax cuts, though a significant gap remains.
Progress
24% Bias Score
UK Court Seizes £2 Million from Andrew Tate for Tax Evasion
A British court ruled that police can seize over £2 million from Andrew Tate and his brother Tristan to cover unpaid taxes on £21 million in revenue from their online businesses between 2014 and 2022, following a court case where the brothers' financial transactions were deemed a 'straightforward ch...
UK Court Seizes £2 Million from Andrew Tate for Tax Evasion
A British court ruled that police can seize over £2 million from Andrew Tate and his brother Tristan to cover unpaid taxes on £21 million in revenue from their online businesses between 2014 and 2022, following a court case where the brothers' financial transactions were deemed a 'straightforward ch...
Progress
44% Bias Score