VOICED : Scholz desmiente haber intervenido en caso de fraude fiscal en Alemania

VOICED : Scholz desmiente haber intervenido en caso de fraude fiscal en Alemania

Assessment

Interactive Video

Business, Social Studies, History

10th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

The Cum-Ex scandal involves a tax fraud scheme where banks helped investors avoid taxes on dividends. Olaf Scholz, the German Chancellor, denied exerting pressure in this case during a parliamentary investigation. The scheme involved banks like Warburg, which initially avoided paying taxes but later had to comply due to government pressure. The scandal has implicated numerous financial professionals and affected several countries. Scholz's popularity has suffered as a result.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary purpose of the Cum-Ex scheme?

To increase bank profits

To evade international sanctions

To reduce foreign investors' tax liabilities on dividends

To support local businesses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank was notably involved in the Cum-Ex scandal in Hamburg?

Deutsche Bank

Commerzbank

Warburg Bank

Volksbank

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the Hamburg city authorities initially decide not to reclaim the 47 million euros from Warburg Bank?

To support the local economy

Because of political pressure

Due to a lack of evidence

As part of a legal settlement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the role of Angela Merkel's government in the Warburg Bank case?

They ignored the case

They pressured the bank to pay the owed taxes

They provided financial aid to the bank

They supported the bank's decision

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the Cum-Ex scandal affected Olaf Scholz's political standing?

It has had no impact

It has led to his resignation

It has decreased his popularity

It has increased his popularity