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Friday, October 19, 2018

'Massive tax scam cost Europe 55 billion euros'

The so-called "cum-ex" deals relied on complex tax trickery that allowed owners of shares to claim several times over refunds for tax paid only once on dividend payouts -- effectively syphoning off taxpayers' money into investors' pockets.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OwU2cd
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