tax investigation

Some of the officials have to buy their own equipment because of lack of funds.


(Photo: dpa)

frankfurt Whether cum-ex, tax havens or fraud with the Corona emergency aid, the damage to taxpayers from white-collar crimes is enormous. However, according to tax investigator Birgit Orths, who investigated all these cases, the information provided by the German authorities is inadequate. “We are fragmented, we are regional and we are slow,” she said in an interview with Reuters published on Sunday. “The perpetrators are global and we are not.”

As an active tax investigator, Orths has publicly pointed out tax administration and law enforcement conditions that she believes are unsustainable. “Let the little ones pay, let the big ones go“says the 57-year-old man.

Orths has been a researcher at the Düsseldorf tax investigation department for twenty years and has been a member of the Investigation Group for Organized Crime and Tax Evasion (EOKS) since 2015. In fact, he is not allowed to talk about his work. But some closed cases allow you to report on the investigation and the difficulties involved.

In his view, the German tax authorities lack the experience and resources to effectively combat white-collar crime. “They walk behind you on a scooter ferrari here,” a perpetrator once told him about the capabilities of German tax investigators.

The best jobs of the day

Find the best jobs now and
be notified by email.

Orths demands that the tax investigation, which is part of the financial administration of the State, becomes its own authority. Because in his experience, tax authorities often slow down rather than support. For example, the senior finance department of the tax investigation department refused to provide the police with tax data for fraud investigations in Corona emergency aid, with reference to tax secrecy.

Under-equipped tax investigators

Orths demands that this be softened: “Actually we all want this tax secret to lead to justice. That means protecting the citizen, but not protecting the criminal.” This is the only way the investigators could return money to the state.

The investigator is also asking for more staff. In North Rhine-Westphalia (NRW), about three percent of the 28,000 tax officers work in tax investigation. But most white collar crime cases, whether stock cum-ex dealsgang crimes or corruption cases, including tax crimes, argues Orths.

The facilities are also poor. For a foray into gang crime, Orths writes in a book that he had to buy a ski mask at his own expense to protect his identity. On another occasion he confiscated banknotes worth more than one million euros in a money laundering case. Because the bills did not fit in the tax investigation’s safe, investigators had to rent a safe in his name to store the evidence. Tax investigators actually have the same powers as the police, but not the same resources.

The financial administration of North Rhine-Westphalia does not see the situation as dramatic. In recent years, NRW’s tax investigation department has “proven to be extremely effective in the fight against tax evasion and tax fraud,” the authority said. NRW Finance Minister Marcus Optendrenk (CDU) wants to fight against tax crimes and money laundering make it the main theme of this year’s finance ministers’ conference. The ministry maintains an ongoing dialogue with tax investigators on staff development.

Banks report suspected cases too late

In its coalition agreement for 2022, the black-green state government of North Rhine-Westphalia has defined as objectives the strengthening of tax investigations and the fight against financial crimes. Orths also welcomes Federal Finance Minister Christian Lindner’s (FDP) plans to set up a new federal agency to combat financial crime, which should bring together fragmented competencies.

However, a prerequisite for this is the reform of tax investigations at the level of the federal states, says Orths. “Why not make an agency tasked with enforcing the law against white collar crime and tax evasion as a separate branch, just under the Treasury Department?”

Banks, stock exchanges and their supervisory authorities too, in the course of the scandal surrounding the financial services provider. wire card admitting deficiencies should, in the opinion of the investigator, contribute more to the investigation of white collar crimes. They should be required to report suspected cases more quickly.

“The involvement of banks is very notorious in certain criminal areas,” says Orths. In the case of tax-driven share cum-ex transactions, which cost German taxpayers billions, the stock exchange supervisory authority should have noted the conspicuous trading volume on a key date. “I should have asked questions and possibly informed the tax authorities,” says Orths. “But there is no obligation in the Stock Market Law that they have to make such a report.”

The Securities and Exchange Commission explained that it had already discovered tax-driven share transactions in 1991. In addition, the state of Hesse has applied for the renewal of the law in the Bundesrat so that supervisors have to provide more information about possible suspicions to tax authorities.

More: Lawyer under suspicion: Investigators are looking for a large law firm and another company

NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA
NBA

By yjawq

Leave a Reply

Your email address will not be published. Required fields are marked *