Insurance Law

Insurance law: inform in good time Nowadays, there is almost no aspect of life that cannot be covered by a insurance. The field of insurance law is broadly diversified and applies both in the area of private provision and in corporate risk minimization. Many insurances are almost regarded as basic equipment for a “carefree” life. […]

Risks of vandalism: No insurance cover in the event of refusal to pay protection money

– Why do you lose your insurance cover without paying protection money? –   The Federal Court of Justice (BGH, ruling of 16.06.2010, file no. IV ZR 229/09) decided on the case of a restaurant owner who was threatened with damage or destruction of his premises that burglary and/or vandalism risks are to be reported […]

Invalidity of contracts, confiscation of assets and arrest in case of breach of penalties

Sanctions have been in fashion for centuries, and are being broken. The widow Barbe-Nicole Clicquot-Ponsardin, in reaction to Napoleon’s Russian campaign, was concerned with the embargo imposed by the Russian Tsar on French products in 1812. The widow hired a Dutch ship, had it loaded with over 10,000 bottles of the 1811 vintage, and was […]

Sanctions and their effects, Part 3

Lawyer Dr. Johannes Fiala and Dipl.-Math. Peter A. Schramm have in the third part even more examples of what effects sanctions can have.   Frequent tax evasion without sanctions-Deluxe   The BGH (judgement of 30.01.1970, file no. V ZR 139/68) denied – completely in the tradition of the Reich Court – foreign (camouflage) companies with […]

Unconstitutional taxation error

Tax evasion strategies put to the test Practical assistance in the evasion of income, especially from capital assets, has) apparently been part of the more or less tolerated business model of certain private banks, insurance companies, state banks or subsidiaries for decades. Abroad, such “institutions” are also called savings banks, institutions, trusts, cantonal banks, trustees […]

Money abroad: When world income and world assets are taxable here

Do foreign financial advisors systematically induce tax evasion?   Assets abroad – tax liability in Germany If you move your money abroad, for example to an Austrian private foundation or a Liechtenstein family foundation, you can by no means be sure that the world income principle will not force you to declare it in Austria. […]

prevent tax fraud

Investing money abroad could tempt people to break the law   MUNICH – Whoever moves his money abroad, for example into an Austrian private foundation or a Liechtenstein family foundation, can by no means be sure that the world income principle does not force him to declare it in Germany. Foreign investment opportunities could downright […]

Watch out for the credit trap!

Economically, financing often only makes sense if the money is invested profitably, i.e. the borrowing costs are lower than the return on the investment. But even if this is the plan, credit customers are repeatedly lured into financing traps. Then loan termination and destruction of existence are just around the corner. Case 1: Lack of […]

Criminal investment schemes by financial houses for tax evaders

When customers complained to their “black money bank or insurance company”, especially because once again a CD-ROM with explosive data was offered for sale, the financial houses were happy to point out three alternatives.   First the voluntary disclosure, but that route would eat up all the assets, especially if significant investment losses and hefty […]

Destruction of existence through loan termination?

How bank customers can protect themselves   Economically, financing often only makes sense if the money is invested profitably, i.e. the borrowing costs are lower than the return on the investment. But even if this is the plan, credit customers are repeatedly lured into financing traps. Then loan termination and destruction of existence are just […]