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

cumex-files.com

31–40 of 112 posts

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

#31
post #22
post #12

It would be nice if they could cut to the chase instead of playing pretend Dostoyevski.

thanks for this comment, saved me alot of time, and gave me a nice chuckle. this form of article is becoming way to common lately

It is extra weird that the ones they are talking about in this Dostoyevskian intro, are the authors of the piece themselve.

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

#32

”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...

It’s not tax evasion. It’s receiving tax refunds from taxes that never were paid. This time it actually is pure theft.

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

#33

The missing transparancy disclaimer: "The Cumex files" is headed by "Correctiv", a german based "journalist network" which receives large parts of its funding by german goverment organizations and/or organizations which have close gov connections. But: the german goverment itself was aware of this scheme since at least 2002. Also: this is a drop in the ocean compared to EU-internal tax loop holes and tax havens such…

The list of donors can be found here, broken down by year: https://correctiv.org/ueber-uns/ This years biggest sponsor is by far the Omidyar Network Foundation (eBay Founder) with 640.051,24 Euro, followed by the Brost Foundation and Schöpflin Foundation with about 200.000 EUR each. The Bundeszentrale für politische Bildung gives 20.390 Euro. Last years breakdown looks slightly different, but private foundations cover the lions share of the costs.

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

#34
Compliance are for small-medium Business & for common people; once a Business or a person grows too big to fail, paying the fines or bribing the legislators is the common route in most parts of the world.

I've anguished over this for years and have learned to accept it, depending upon where you live; this comment might sound entirely absurd.

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

#37
post #28

”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?

From observing this story in the danish media, there is a lot of fishiness about it. The numbers are just too big for it to make sense. And I would not be surprised to see some of it coming down to the lack of math skills (or what you call it?) amongst journalists. How can anyone arrive at a result like that and not look one more time at their calculation? Embarrassing really. With all the fuzz about Sanjay (the alle…

That embarrassing error of a factor 1000 aside, the story is all to real. It's been brewing and been reported on in Germany for a few years now.

And what seems to be a common theme is that some of what has been going on is very hard to prosecute. The first wave of tricks seems to have been basically legal if I recall correctly. I haven't read the new slew of articles about the EU dimension on this yet though.

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

#38

Compliance are for small-medium Business & for common people; once a Business or a person grows too big to fail, paying the fines or bribing the legislators is the common route in most parts of the world. I've anguished over this for years and have learned to accept it, depending upon where you live; this comment might sound entirely absurd.

If GDPR killed a startup it probably wasn't something worth keeping. Being compliant is sooo easy for small companies, it's mostly just about not being a dick about privacy.

And I have no idea why you thought bringing this up was relevant.

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

#39

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).

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. :)

I think there is a mathematical definition and a financial definition of a "billion".
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