It is suspected that a number of companies participating in applications for a dividend tax by the Swedish tax agency took part in the so-called cum-fraud against Denmark of SEK 18 billion.
Ulrika Wretendahl, who has a duty to properly represent the Swedish Tax Agency, acknowledges that there are concerns that companies have been approved.
Yes, you can think it, she says.
In 2015, they received SEK 64 million from the Swedish Treasury Fund. Money that went abroad and possibly tax havens might not be able to return, even if you're trying, Ulrika Vretendahl and Torsten Fensby believe that an expert is tax evasion.
Can not repeat the test?
Moreover, since the law is written, it seems difficult to recover money only formally, even if it can prove that they were wrongly paid out.
It's possible that we have no reflection, "says Ulrika Vretendahl.
She is therefore pleased that the report on new dividend tax legislation is expected to be ready.
In seven cases between 2016 and 2018, the companies involved were refused permission because the document attached to the applications could not prove their domicile or that they own shares for which they claim to be liable to tax.
And cases that are rejected can be considered a suspicious cheating search, says Wretendahl.
They say they can be considered a cum-ex variant.
The reason for this is that those who asked for a tax return do not seem to be entitled to dividends.
The Cum-ex-business is a short-term trading of complex trades that relates to the actual day of dividends, so that the tax authorities are saddened to believe that the shares are right now and therefore has the right to repay the tax on those dividends if you are a tax resident in another country. Transactions can be supplemented by counterfeits.
There is no tax agency until TT has raised the issue of tax refunds for suspected fraudsters, which is well known to all companies and individuals suspected of dividend tax fraud in Denmark. Therefore, the work of his own initiative has not been able to search for any suspicious fraudsters in his system.
Dismissal after warning
However, the seven rejections decided in Denmark, using the OECD Economic Cooperation Organization, usually arrived in January 2016 to develop the project. Subsequently, the Swedish Tax Agency paid attention to this type of fraud.
Decisions on rejection will only indicate the amount of the application in three cases. They make up 19 million kroons, which the suspects are released.
Ulrika Wretendal believes that it's good that cum-ex fraud has emerged on the table.
This shows that we have a common problem in European countries. I believe that closer cooperation between us will help overcome it. And this work is started with it, she says.