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A comment on Germany’s dividend-stripping tax scandal.

Re:Germany’s dividend-stripping tax scandal by golergka on Thursday June 08, 2017 @07:54AM (#14513454)
This article obscures the most important question you can have about this: was it legal, or wasn't it?

You can have as many ethical systems as you want and call it "evil" or not depending on your opinion. But you don't have multiple law systems (in a single country) and call it "theft" or "legal loophole" depending on what mood you're on. It's either one or another.

[ Parent | on HN ]
Re:Germany’s dividend-stripping tax scandal by MagnumOpus on Thursday June 08, 2017 @08:11AM (#14513543)
Yet to be determined I guess. Cum-ex wasn't explicitly mentioned as forbidden between 1992 and 2011, cum-cum wasn't forbidden until 2016.

In my absolute layman's opinion cum-cum trickery might have been legal unless forbidden, but cum-ex sounds more like fraud than exploiting loopholes - and the state has sued all the people and organisations involved starting from 2014 - looking for tax evasion and fraud convictions...

[ Parent | on HN ]