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The CumEx-Files – How Europe's taxpayers have been swindled of €55B

cumex-files.com

11–20 of 112 posts

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#11

”Tax payers have lost up to €2 billion, that’s nearly €350,000 for every Danish man, woman and child.” You sure about that math, cumex-files?

Possibly confusion by someone who's used to the long scale? In Danish, as in most non-English European languages, the cognate of "billion" means trillion (10^12).

> in most non-English European languages

i dont think that's true

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#14
post #11

Earlier quoted context omitted.

Possibly confusion by someone who's used to the long scale? In Danish, as in most non-English European languages, the cognate of "billion" means trillion (10^12).

> in most non-English European languages i dont think that's true

https://it.wikipedia.org/wiki/Bilione

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#15
post #11

Earlier quoted context omitted.

Possibly confusion by someone who's used to the long scale? In Danish, as in most non-English European languages, the cognate of "billion" means trillion (10^12).

> in most non-English European languages i dont think that's true

> i dont think that's true

Here is a handy list:

https://en.wikipedia.org/wiki/Long_and_short_scales#Long_sca...

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#16
post #11

Earlier quoted context omitted.

Possibly confusion by someone who's used to the long scale? In Danish, as in most non-English European languages, the cognate of "billion" means trillion (10^12).

> in most non-English European languages i dont think that's true

Can confirm it's true for French and German: Million 10^6 Milliard(e) 10^9 Billion 10^12 Billiard(e) 10^15

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#17

”Tax payers have lost up to €2 billion, that’s nearly €350,000 for every Danish man, woman and child.” You sure about that math, cumex-files?

Possibly confusion by someone who's used to the long scale? In Danish, as in most non-English European languages, the cognate of "billion" means trillion (10^12).

As it did in British English until, I guess, some time in the 80s or 90s after the Treasury decided to standardise on the US format (edit: apparently that was in 1975).

Like with metrication us Brits adopted it slowly so there were many years of seeing either usage. This wasn't confusing at all. :)

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#18

”Tax payers have lost up to €2 billion, that’s nearly €350,000 for every Danish man, woman and child.” You sure about that math, cumex-files?

57.000.0000.000€ is not so much for a tax-evading scheme in the whole of Europe? Or is it...

Re: The CumEx-Files – How Europe's taxpayers have been swindled of €55B

#19

”Tax payers have lost up to €2 billion, that’s nearly €350,000 for every Danish man, woman and child.” You sure about that math, cumex-files?

Danish tax payers have lost around EUR 1.7B. That's around EUR 300 for every Dane. Still a lot, but a lot less than they claim.

I have two takes on this: 1: The Danish tax authorities have been extremely careless in the administration of the rules. They didn't even check that the people owned the shares they claimed to own. Virtually all of it was approved by one employee with zero oversight. 2: Different international banks have either known what was happening, and willingly enabled it, or should have known. Money laundry rules oblige them to check when such giant sums flow in and out of such few accounts.

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