We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.
The AI assistant for tax questions
Track worldwide tax law changes daily
Cross-border tax analysis and data
Unify and empower your entity management
Provides compliance steps, forms & rates
Visualize and manage your entity data
Comprehensive compliance management
Audit and global tax controversy tracking
Manage reportable cross-border arrangements
Country-by-country reporting & compliance
Pillar 2 planning, reporting and compliance
Calculate US tax impact of foreign operations
Automated workflows for recurring tax tasks
Secure API connections to 3rd-party systems
Secure storage for your tax documentation
Automated tax workflows with secure APIs.
Collaborate securely on your tax data
Share This Article
|
|
The Danish National Unit for Special Crime issued a release on 2 February 2024 announcing that British citizen Guenther Klar has been sentenced to six years in prison for his participation in the so-called "cum-ex" trading scheme that involved unlawfully claimed and obtained refunds of Danish dividend withholding tax. Denmark claims to have lost more than DKK 12.7 billion (EUR 1.7 billion) as a result of such schemes. According to the release, Klar's involvement resulted in wrongfully paid refunds amounting to DKK 320 million in the period 2012 to 2015. Klar has appealed the decision.