The U.K.’s Supreme Court adjudged Deutsche Bank and UBS to pay taxes

The U.K.’s Supreme Court adjudged Deutsche Bank and UBS to pay taxes
On Wednesday, March 9, the U.K.’s Supreme Court determined the case of the Deutsche bank and UBS. The above mentioned banks granted shares to their employees as a bonus for success in work. The granted shares and bonuses, as the banks claimed, were beyond the taxation.

They developed a system that involved offshore companies to reduce the taxation volume for the bonuses given to their employees back in 2004, informs the USA Today. However, the Supreme Court thinks that the banks were going to elude the payment of taxes.

In accordance with the decision of the Court both the Deutsche Bank and UBS must pay almost $70 million to cover the taxes. The Deutsche Bank and the UBS do not agree with the decision, explaining that system they developed did not break any laws.скачать dle 10.6фильмы бесплатно

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