Richard Cornelisse

Top bank fires traders aiding tax dodgers evade VAT

In Uncategorized on 05/10/2012 at 7:54 am

Reblogged from Nieuwszender voor Indirecte Belastingen:

Germany's biggest bank has dismissed several traders who systematically helped clients evade VAT, a German newspaper reported. The move is apparently part of a new clean-up drive at Deutsche Bank.

At least five of the company's employees have been asked to clear their desks, the Süddeutsche Zeitung reported on Thursday.

The bank would not comment on the specific report, but pointed to "culture change" recently announced by the new joint CEOs Jürgen Fitschen and Anshu Jain, who declared that "not everything that was legal was legitimate."

Read more… 210 more words

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