In the billion-dollar Cum-Ex tax scandal, the Federal Court of Justice (BGH) has for the first time confirmed the criminality of the business.

In the first ruling by the highest court, the judges in Karlsruhe decided that the cum-ex deals of investors and banks were criminal tax evasion.

According to the BGH, profits from the business can also be collected.

(AZ: 1 StR 519/20)

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