Denmark Hits Pensions With Tax Fraud Claims In $2B Row
Law360, London (August 9, 2019, 3:23 PM BST) -- Denmark's tax authority has leveled new accusations of fraud in London against a handful of pension funds from the Britain and the U.S. in its global battle to claw back more than $2 billion in tax reimbursements it was allegedly tricked into paying out.
The claim broadens the case brought at the High Court by the Danish Customs and Tax Administration against entities and individuals including Guenther Klar, a trustee of the Europa LLP Executive Pension Scheme, and Klar's company, Khajuraho Equity Trading SARL, to include new allegations of deceit and fraud.
The tax authority, known as SKAT, also dragged four U.S....
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