Denmark Says No Need To Seek HMRC Aid In Tax Fraud Suit

Law360, London (October 2, 2020, 3:58 PM BST) -- Denmark's tax authority has denied asking HM Revenue & Customs to help recover taxes allegedly taken from the Danish government in a $1.9 billion ($2.2 billion) trading fraud, saying in court documents that it is seeking financial compensation for civil wrongs — not to recoup lost revenues.

The tax agency said in documents filed on Sept. 28 at London's High Court that it had not asked for assistance from HMRC or any other revenue authority in its complex English lawsuit, which claims it was tricked into paying out thousands of bogus tax refund claims between 2012 and 2015.

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