The law firm Bech-Bruun must reimburse the Danish government the fee it received to investigate a $2 billion tax scandal after it was found not to be impartial.
The firm must pay back 3.5 million kroner ($529,000), while several lawyers were fined, the Tax Ministry said in a statement in Copenhagen on July 4. The Danish Bar and Law Society’s disciplinary board found that the firm faced conflicts and shouldn’t have bid for the work.
Denmark has been trying to retrieve lost tax revenue after being targeted by fraudsters conducting so-called cum-ex trades. The transactions—stock purchases timed to coincide with ...
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