#Paris #banks #raided in €100 billion #tax #fraud probe – #DW – 03/28/2023

"In its research, #Correctiv and associated media outlets found that banks, #StockTraders and #lawyers had successfully managed to split #dividends in such a way as to avoid as much as $62.9 billion in taxes across #Europe, with #Germany (ca. $36.2 billion) and #France (ca. $17 billion) being by far the biggest victims."

https://www.dw.com/en/paris-banks-raided-in-100-billion-tax-fraud-probe/a-65151312

Paris banks raided in €100 billion tax fraud probe

French and German prosecutors and investigators conducted searches in and around the French capital. Financial prosecutors say the raid focused on dividend stripping.

Deutsche Welle