Tuesday 22 April 2008

Top Danish IRS Director Sacked – for Tax Evasion

Well isn't it great. One of the reasons I left Denmark was the tax system – where only the rich and wealthy can afford tax advisors who know the loopholes to avoid paying tax and your top tax bracket is 68%. Yes you read right – 68% of your last earned Kroner go to the IRS.

Now it seems like a Danish Top Executive (Now Ex. Director Claus Kaaber) in SKAT (The Danish version of IRS) have been sacked for … "Aiding Tax Evasion"

The bugger bought a piece of land from someone in Spain – and agreed to pay part of the purchase price "non-disclosed" to the Spanish IRS. So the seller did not have to pay tax from the proceeds.

The truly disgusting part here is – SKAT has sacked him – but with 8 months pay, 2 months' pay for the years he was employed – and 6 months dismissal pay. How come that someone in such a high position can get so much severance pay – for aiding potential tax evasion? Unreasonable!

Damn the Danish society looks nice on the surface – but beneath the surface it is muddy waters.

Links to the Story in Danish from Boersen (Danish kind of "Financial Times")

Sorry this does not really belong here on a Tech blog – but I had to get it out J

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