Can the state collect twice in the cum-ex affair?

In the Media
1 min read

In the F.A.Z., White & Case partner Tine Schauenburg and local partner Nicolas Rossbrey comment on the use of separate confiscation proceedings under the German Criminal Code in light of the discontinuation of the trial against former Warburg Bank boss Olearius. They explain that opening separate confiscation proceedings allows authorities the opportunity to confiscate profits made from illegal cum-ex transactions even after the statute of limitations for criminal offences and tax claims has expired.

The full article is online here (paywall).

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