TaxCorporate TaxAllianz CFO calls for more frequent tax audits

Allianz CFO calls for more frequent tax audits

Better than reform German tax law

Companies in Germany should be subject to more frequent corporate tax audits
rather than the country undergo tax law reform, the CFO of insurance giant
Allianz has said.

Helmut
Perlet’s
said such a move would mean the government could scrap plans to
reform the tax laws, according to an interview he gave to the
Handelsblatt newspaper.

‘It would then be unnecessary to tighten tax legislation applicable to
non-residents and determine new fraud positions time and again,’ Perlet said.

He maintained that the market is creative and would find loopholes in any new
rules.
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