Pitfalls for donors, donees and authorities What aspects and what legal situation are there to consider when making gifts? A gift to one’s own child, a parent’s foundation to support daycare facilities or such a facility itself can be an interesting option for tax optimization. In the case of gifts, no one is required […]
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 […]
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. […]
Since the beginning of the year and retroactively no more anonymity In the case of ex-Deutsche Post AG executive Klaus Zumwinkel, the camera team was already in place before the raid began and when he left under police escort . ready. As a result, legally be able to clarify whether one may convict tax […]
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 […]
Tax evaders face prison sentences starting at 50,000 euros Let’s not kid ourselves: Hunting and guns are popular men’s toys, and that’s where a lot of black money is spent by our customers, because they can’t put it into the regular economic cycle or – far more often – because the wives aren’t allowed to […]
Criminal offers from some financial houses. Why only the voluntary disclosure leads to the goal with assets over 50,000 euros. There was no need for a political verbal attack on black money. This is because the ruling of the Swiss Federal Administrative Court of 5 March 2009 had already made “fi shing expeditions” possible […]
How detailed advice protects clients from the suspicion of tax evasion: Doctors, notaries, non-medical practitioners, lawyers, engineers, tax advisors, architects, auditors, psychotherapists and other health care professions are particularly affected. In a ruling dated 20 May 2009, the Federal Fiscal Court (BFH, Ref. VIII R 6/07) confirmed its case law according to which the […]
– How the wealthy and the very wealthy get ripped off by the bank(st)er -. It is not only the financial crisis that motivates wealthy investors to change banks or asset managers every three years or so. Client disappointment with investment banking product salespeople runs deep? Uncertainty and doubts about competence, but also the fear […]
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 […]
