EU: Banks and investors using tax schemes and other tricks to defraud Governments of Billions of EURO's

Banks and investors using tax schemes to drain up to €55 billion from Europe's treasuries Two closely-related tax schemes have helped banks and investors avoid tax or even siphon cash directly out of European treasuries totalling billions more than previously thought, an investigation by 19 media revealed Thursday.

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http://www.france24.com/en/20181018-banks-investors-used-cum-cum-ex-tax-schemes-drain-55-billion-europe-treasuries