Tax Agency gets go-ahead to sue U.S. pension funds
The Southern District of New York court has granted the Danish Tax Agency permission to proceed with its legal action to recover DKK5.4bn ( $820m) in funds paid out on fraudulent tax refund applications from…
MoreDenmark rejects EU’s digital tax proposal
The EU’s proposal to slap a 3% tax on global internet companies such as Google and Facebook is facing failure after Denmark, Sweden, and Ireland all said yesterday they couldn’t support the tax…
MoreDanske Bank bows to A.P. Møller pressure
Danske Bank’s Chairman of the Board Ole Andersen quit yesterday as the bank bowed to pressure from the bank’s biggest shareholder A.P. Møller-Maersk. Robert Uggla, CEO of A.P. Moller Holding, said Danske’s board…
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Pension funds ‘alarmed’ by Danske Bank scandal / Danish Crown inks €300m deal with Chinese e-commerce giant / Pandoro sales slump Danish pension funds JØP and DIP have put Danske Bank on an observation…
MoreBritta busted: Multi-million embezzler nabbed in South Africa
64-year-old Anna Britta Troelsgaard Nielsen, suspected of embezzling DKK111m from the Danish social authorities, has been arrested in South Africa. The suspect, who fled Denmark six weeks ago shortly before the fraud was revealed, was…
MoreFraudster ‘looking forward’ to extradition
Alleged social fraudster Britta Nielsen could be back in Copenhagen to face the music as early as Friday, according to her lawyer in South Africa, Gerhard Landman, who claimed tickets have already been…
MorePoll of polls: Opposition heading for victory
The political opposition would regain power if an election was held today but only with the help of the progressive Alternatives, who’ve warned their seats shouldn’t be counted on any side. A weighted…
MoreIran: Assassination plot was ‘Israeli conspiracy’
The alleged Iranian assassination plot revealed by Danish Intelligence (PET) last week was an ‘Israeli conspiracy’ according to Iran’s foreign minister. Mahmoud Alavi told Iranian state-run TV, Monday, that the “Zionist regime” was…
MoreRussian ship secretly transported weapons through Danish waters
A Russian ship transporting dangerous cargo passed through Danish territorial waters last week without informing the relevant authorities. According to left-wing daily Information, when the Sparta III vessel set off from St. Petersburg…
MoreGovernment fears ‘Google tax’ will lead to U.S. reprisals
The government has come out against an EU proposal to force U.S. IT giants to pay a flat-rate digital tax on their European operations. The so called ‘GAFA’ tax is aimed primarily at…
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