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Cum-Ex: Why Germany's biggest tax fraud scheme continues unabated

26d ago
World
Deutsche Welle
Cum-Ex: Why Germany's biggest tax fraud scheme continues unabated
Germany continues to grapple with the fallout from Cum-Ex tax fraud schemes, which drain billions in revenue from European countries. Despite the significant financial losses, questions are being raised about the limited action taken by the German government to effectively combat these schemes. The complex nature of Cum-Ex and Cum-Cum transactions allows for exploitation of tax loopholes, and the lack of decisive intervention perpetuates the problem. The ongoing scandal undermines public trust and raises concerns about financial oversight.
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