German Court Convicts Former Australian Bank of Tax Evasion in Cum-Ex Case

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Friday, July 24, 2026

Author:

Bruce Zagaris

Volume:

42

Issue:

9

Abstract:

On July 16, 2026, a German court convicted a former banker for the Macquarie Group, an Australian based entity, of tax evasion involving cum ex-dividend transactions. The Bonn Regional court sentenced him to one year and eight months of parole.