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Predatory Shareholder Ordered To Pay Taxes

The Tax Court of Cologne has ordered a minority shareholder to pay income and sales tax (case no. 13 K 3023/13). The shareholder was making a business out of systematically raising legal challenges and then being persuaded to withdraw his claims in return for a lavish settlement. The man cashed up to five-figure sums through his attorneys in return for dropping his objection to necessary capital increases, for example.

 Article referred: http://legalknowledgeportal.com/2015/08/12/dealing-with-legal-challenges-predatory-shareholder-ordered-to-pay-taxes/

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