Tax evasion

====Germany, France, Italy, Denmark, Belgium====
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A network of banks, stock traders and top lawyers has obtained billions from the European treasuries through suspected fraud and speculation with dividend tax. The five hardest hit countries have lost together at least $62.9 billion.<ref>{{Cite web|url=https://cumex-files.com/en/|title=CORRECTIV - Investigative. Independent. Non-profit.|website=cumex-files.com|date=18 October 2018|language=en-US|access-date=2018-11-09|archive-date=2018-10-18|archive-url=https://web.archive.org/web/20181018094515/https://cumex-files.com/en/|url-status=dead}}</ref> Germany is the hardest hit country, with around €31 billion withdrawn from the German treasury.<ref>{{Cite news|url=https://www.bbc.com/news/world-europe-40199259|title=Germany fears huge losses in massive tax scandal|last=Hill|first=Jenny|date=2017-06-09|work=BBC News|access-date=2018-11-09|language=en-GB}}</ref> Estimated losses for other countries include at least €17 billion for France, €4.5 billion in Italy, €1.7 billion in Denmark and €201 million for Belgium.<ref>{{Cite web|url=https://www.dr.dk/nyheder/penge/tema/skattesvindel|title=Kuppet mod Europa|website=DR|language=da|access-date=2018-11-09}}</ref><ref>{{Cite news|last=Vartdal|first=Ragnhild|title=Norge rammet av europeisk skatteskandale|language=nb-NO|trans-title=Norway affected by European tax scandal|work=NRK|url=https://www.nrk.no/urix/norge-rammet-av-europeisk-skatteskandale-1.14253588|access-date=2018-11-09}}</ref><ref>{{Cite news|last=magazine|first=Le Point|date=2018-10-18|title="CumEx Files " : la fraude fiscale à 55 milliards d'euros|language=fr-FR|trans-title="CumEx Files": tax fraud at 55 billion euros|work=Le Point|url=https://www.lepoint.fr/economie/cumex-files-la-fraude-fiscale-a-55-milliards-d-euros-18-10-2018-2263950_28.php|access-date=2018-11-09}}</ref>