Analysis

Revenue Rule Could Go To Top UK Court In $2B Cum-Ex Case

Law360, London (April 29, 2021, 7:31 PM BST) -- Denmark's battle to claw back billions of dollars over the dividend tax scandal is far from over after a London judge dismissed the case in a narrow ruling Tuesday that lawyers believe contains the seeds of an appeal that could end up before Britain's top court.

Denmark's tax authority has vowed to appeal after a London judge threw out its case seeking to recover money it says it paid out to foreign investors due to fraud. (Photo by Francis Dean/Corbis via Getty Images)

A High Court judge ruled the claims were an impermissible attempt by Denmark's tax authority, known as Skat,...

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