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Increase In Criminal Financial Proceedings!

03/11/2020

Managing directors and board members are increasingly being prosecuted in financial criminal proceedings following tax audits.

CMS Vienna has a strong tax law team. Partner Sibylle Novak and attorney-at-law Daniel Kropf were able to shut down a preliminary investigation that had already lasted several years. It concerned the suspicion of commercial evasion of customs duties amounting to more than EUR 1.3 million.

The CMS Vienna tax law team advises managing directors as well as board members on how to expeditiously implement measures to protect themselves. These include a clear allocation of responsibilities with regard to accounting and taxes – unlike in company law, allocating responsibilities intelligently can comprehensively protect the management from criminal financial proceedings!

Sibylle Novak and Daniel Kropf are happy to provide further information to all CMS Vienna clients already involved with other specialist areas.

Related people

Picture of Sibylle Novak
Sibylle Novak
Partner
Vienna
Daniel Kropf
Daniel Kropf
Attorney-at-law for tax law
Vienna