• About Us
  • T & C
  • Disclaimer for Pledge Times
  • Write To Us
PledgeTimes
  • Home
  • World
  • Lifestyle
  • Business
  • Entertainment
  • Sports
No Result
View All Result
  • Home
  • World
  • Lifestyle
  • Business
  • Entertainment
  • Sports
No Result
View All Result
PledgeTimes
No Result
View All Result
Home World

Two raids and no end: Bauhaus is in the sights of tax investigators

Bhavi Mandalia by Bhavi Mandalia
January 23, 2021
in World
0
0
SHARES
15
VIEWS
Share on FacebookShare on Twitter

E.In an audience of millions, Bauhaus comes into the living room every day. The DIY store operator has secured the last advertising seconds shortly before the “Tagesschau”. His slogan “If it has to be good” seeps into many minds at prime time. The company is not at a loss for PR campaigns either: for the company’s sixtieth anniversary, Bauhaus announced that it would plant a million trees. Even the Federal Government’s “Forest Commissioner” came to Mannheim last summer for this reason.

Bernd Freytag

Business correspondent Rhein-Neckar-Saar based in Mainz.

Now the company has again received a state visit, but from tax investigators. The “corporate headquarters” in Mannheim was searched twice, in 2018 and 2020. After research by the FAZ, Bauhaus has now admitted the investigations. “Reduction of corporate taxes from 2007 to 2018” is the allegation, specifically tax fraud. The adjustment of “complex and legally difficult to assess offsets between group companies” is in dispute. These facts have long been known to the tax audit. In addition, you cooperate fully with the investigators. Incidentally, the presumption of innocence applies and one is confident that the proceedings will end soon.

The fact that the Mannheim-based public prosecutor’s office for white-collar crime has been investigating white-collar crime for so long and even expanded the procedure in the previous year shows the complexity of the case. The public prosecutor’s office had always rejected comments with reference to tax secrecy.

Complicated construction of holdings, intermediate holding companies, service companies

As aggressively as Bauhaus sells itself in advertising, the company does not reveal anything else about itself. He operates 278 stores, 153 of them in Germany. The specialist publisher Dähne estimates sales at 6.8 billion euros – that’s it. Bauhaus, founded and made big by the Mannheim entrepreneur Heinz-Georg Baus, is not transparent to outsiders. The complicated structure of holdings, intermediate holding companies, service companies in Germany, Switzerland, Luxembourg, allegedly also in the Dutch Antilles and Hong Kong, has been chosen deliberately. The building, who died in 2016, was not only one of the first self-made billionaires in Germany, he was also on the run from the wheel throughout his life, not even a handful of photos of him are publicly known.

  • Falk Heunemann

  • Published / Updated:


  • Recommendations:

    1

  • Britta Beeger

  • Published / Updated:
  • ,



    Recommendations:

    17th

  • Susanne Preuss, Stuttgart

  • Published / Updated:


  • Recommendations:

    17th

The carpenter’s son had already moved his home and company headquarters to Switzerland at the end of the sixties. In 1969 he moved to Thun in the canton of Bern, the holding company Interbauhausholding, he placed in Zug. In the meantime he moved to Monaco, to the noble quarter of Les Ligures. At the end of 2014, he moved the holding company to Belp near Bern, where the tax authorities were a bit more courteous. Instead of bequeathing the company, he set up a foundation in Austria before his death. Today only the Bauhaus AG Service Center Germany officially resides in Mannheim, the Bauhaus AG in Belp operates as a stock corporation under Swiss law. With just 60 employees, it is considered the control center.

Since Baus’ death, none of the people involved have made public statements about the company. Not even son Bernd, who holds a prominent position as a member of the board of directors. The Chairman of the Board of Directors is the Swiss lawyer Peter Lutz. Tax constructs should not be far from him, as he operates as the “President of the self-regulatory organization for combating money laundering of the Swiss Bar Association and the Swiss Notary Association.”

.

Tags: Audience of millionsbauhausFAZFederal governmentHeinz-Georg BausRaidTax fraud
Bhavi Mandalia

Bhavi Mandalia

Related Posts

World

Lukashenko appreciated the possibility of placing Russian planes in the republic

by Bhavi Mandalia
March 2, 2021
World

Eisenmann shoots in the TV duel against Kretschmann – and embarrasses himself

by Bhavi Mandalia
March 2, 2021
World

A polar bear attacks a man

by Bhavi Mandalia
March 2, 2021
World

Fundamental rights In exceptional circumstances, the government can impose restrictions on fundamental rights in two ways – one of which has never been used

by Bhavi Mandalia
March 2, 2021
World

Persecution in the streets of Colmenarejo

by Bhavi Mandalia
March 2, 2021

Premium Content

Imaginarium closes: it will only keep 2 stores open

February 18, 2021

The IFM fund launches a takeover bid of 5,060 million for the 22.69% of Naturgy

January 26, 2021

Joe Biden’s inauguration: new president returns to Paris climate agreement and WHO

January 20, 2021

Browse by Category

  • Business
  • Entertainment
  • Fashion
  • Gaming
  • Health
  • Sports
  • Tech
  • Travel
  • Trend
  • Uncategorized
  • World

Browse by Tags

2021 a and Arab Book Arab world Balearics by corona Corona virus Coronavirus Covid-19 daily newspaper Europe first for from Germany government he health Helsingin sanomat newspaper I know in Joe Biden new News Agency of of the Pandemic Political news politics Series taz that the to today to the UAE vaccination what with world News y years
Pledge Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Learn more

Categories

  • Business
  • Entertainment
  • Fashion
  • Gaming
  • Health
  • Sports
  • Tech
  • Travel
  • Trend
  • Uncategorized
  • World

Browse by Tag

2021 a and Arab Book Arab world Balearics by corona Corona virus Coronavirus Covid-19 daily newspaper Europe first for from Germany government he health Helsingin sanomat newspaper I know in Joe Biden new News Agency of of the Pandemic Political news politics Series taz that the to today to the UAE vaccination what with world News y years

Recent Posts

  • Lukashenko appreciated the possibility of placing Russian planes in the republic
  • Eisenmann shoots in the TV duel against Kretschmann – and embarrasses himself
  • A polar bear attacks a man

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • About Us
  • Write To Us
  • World
  • Gaming
  • Tech
  • Sports

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.