1
00:00:47,489 --> 00:00:50,150
Imagine:
2
00:00:53,198 --> 00:00:55,468
A group of rich investors,
bankers and lawyers...
3
00:00:55,492 --> 00:00:57,315
They ask you to give them 326 euros.
4
00:01:00,361 --> 00:01:04,182
They ask it of the 447 million
of European citizens.
5
00:01:07,415 --> 00:01:09,353
To all workers,
all the unemployed,
6
00:01:09,378 --> 00:01:11,555
all the babies, all the children,
all the elderly.
7
00:01:11,580 --> 00:01:14,060
To all.
8
00:01:17,413 --> 00:01:20,617
The sum is 146,000,000,000 euros.
9
00:01:31,699 --> 00:01:34,453
We don't want to make you angry...
10
00:01:38,031 --> 00:01:41,163
but that's exactly what happened.
11
00:01:44,941 --> 00:01:48,022
This is the story of the greatest
tax theft from history.
12
00:01:48,038 --> 00:01:51,750
It's a fictional story,
but inspired by real events.
13
00:01:51,775 --> 00:01:54,585
Unfortunately.
14
00:01:55,170 --> 00:01:58,550
OTHERS' MONEY
15
00:02:38,903 --> 00:02:40,807
FRENCHFORT DEL MENO
16
00:02:43,188 --> 00:02:44,736
Good morning, Dr. Hausner.
17
00:02:44,984 --> 00:02:46,843
Did you have a good morning?
18
00:02:46,876 --> 00:02:50,638
{\an8}TOURAINE and FRANZEN
INTERNATIONAL LAW FIRM
19
00:02:48,865 --> 00:02:51,310
Can I bring you something?
20
00:02:57,955 --> 00:02:59,120
What is that?
21
00:02:59,236 --> 00:03:01,655
They are for you, they were delivered downstairs.
22
00:03:02,196 --> 00:03:04,837
- Do you like zucchini?
- Careful.
23
00:03:04,861 --> 00:03:09,853
You can distribute them. I grew them
the wife of our former president.
24
00:03:09,877 --> 00:03:12,441
Now you pay less taxes.
25
00:03:12,557 --> 00:03:14,813
Well, much less.
26
00:03:14,837 --> 00:03:16,043
Hello.
27
00:03:16,158 --> 00:03:18,174
Don't throw away the flowers
28
00:03:18,198 --> 00:03:20,752
they are coated
with beer dough and fry.
29
00:03:20,853 --> 00:03:22,584
You'll see, they are exquisite.
30
00:03:26,559 --> 00:03:31,532
Dr. Hausner, what do we have here?
His latest magic trick?
31
00:03:32,759 --> 00:03:34,490
short sales,
32
00:03:35,720 --> 00:03:37,318
tax refund,
33
00:03:37,840 --> 00:03:39,602
dividend record...
34
00:03:39,626 --> 00:03:44,868
The most veterans will know what we are talking about
of transactions with "Cum" shares,
35
00:03:44,892 --> 00:03:49,326
with dividends, and "Ex", without dividends.
Hence the name Cum-Ex.
36
00:03:49,361 --> 00:03:52,991
I will explain it to you with an example
of everyday life.
37
00:03:53,602 --> 00:03:55,262
Imagine...
38
00:03:55,358 --> 00:03:59,047
that Mr. Bruck wants to return
an empty bottle in the supermarket...
39
00:03:59,071 --> 00:04:01,958
and Mrs. Angerbauer accompanies him.
40
00:04:02,003 --> 00:04:03,699
They head to the machine.
41
00:04:03,723 --> 00:04:07,220
But at the moment
in which Mr. Bruck puts the bottle,
42
00:04:07,244 --> 00:04:10,334
Mrs. Angerbauer has another one in her hand.
43
00:04:10,862 --> 00:04:12,740
The same as Mr. Bruck.
44
00:04:12,764 --> 00:04:15,679
The bottle has doubled
for a moment...
45
00:04:15,703 --> 00:04:17,654
magically
46
00:04:18,565 --> 00:04:22,341
The machine accepts both
and also spits out two vouchers,
47
00:04:22,365 --> 00:04:25,409
one for Mr. Bruck
and another for Mrs. Angerbauer.
48
00:04:25,433 --> 00:04:26,745
But only Mr. Bruck...
49
00:04:26,964 --> 00:04:29,019
you have paid the deposit in advance.
50
00:04:29,878 --> 00:04:33,203
They distribute the extra money...
51
00:04:34,207 --> 00:04:35,968
and everyone is happy, right?
52
00:04:35,992 --> 00:04:37,383
Except the supermarket.
53
00:04:37,847 --> 00:04:40,343
The supermarket
It is, in reality, the State.
54
00:04:40,367 --> 00:04:42,752
And we do not want to affirm
that we feel compassion.
55
00:04:42,776 --> 00:04:44,304
Yes, yes.
56
00:04:44,328 --> 00:04:48,305
And the magical duplication of the bottle
It is a short sale.
57
00:04:48,329 --> 00:04:50,285
A loan of a share.
58
00:04:51,878 --> 00:04:53,054
Is that legal?
59
00:04:55,841 --> 00:04:57,229
Of course.
60
00:04:57,517 --> 00:04:59,024
100%.
61
00:05:00,421 --> 00:05:02,206
ACTUALLY...
62
00:05:02,231 --> 00:05:03,474
ACTUALLY...
Not at all.
63
00:05:03,498 --> 00:05:05,649
And will you present it in the city?
64
00:05:05,923 --> 00:05:08,381
Frankfurt is small,
in London it will be better.
65
00:05:08,405 --> 00:05:10,141
Yes, of course, of course.
66
00:05:12,651 --> 00:05:15,030
There is something I overlooked.
67
00:05:17,197 --> 00:05:19,262
How will I withdraw the benefits?
68
00:05:22,776 --> 00:05:25,481
It was Mr. Lebert
who noticed
69
00:05:26,573 --> 00:05:27,693
Lebert?
70
00:05:27,925 --> 00:05:29,875
Who the hell is Lebert?
71
00:06:16,344 --> 00:06:17,927
How is your English?
72
00:06:20,859 --> 00:06:21,979
Good.
73
00:06:24,976 --> 00:06:26,991
COPENHAGEN DENMARK
74
00:06:32,746 --> 00:06:35,857
PARLIAMENTARY INQUIRY
75
00:06:36,388 --> 00:06:39,061
Thanks for the tests.
76
00:06:39,181 --> 00:06:43,198
We want to establish how we got there
to the biggest economic scandal...
77
00:06:43,222 --> 00:06:44,992
of the history of our country.
78
00:06:46,102 --> 00:06:50,986
We are talking about a period that extends
over many years.
79
00:06:51,563 --> 00:06:54,228
{\an8}PER JUHL
FORMER DIRECTOR OF THE TAX AGENCY
80
00:06:51,663 --> 00:06:55,614
�Can you describe the role
What did you have in this process?
81
00:06:56,463 --> 00:07:00,512
Yes. First of all,
I wanted to say that I think it's fantastic...
82
00:07:00,536 --> 00:07:03,518
that has been created
this commission of inquiry.
83
00:07:03,815 --> 00:07:06,108
�Can you describe your relationship...
84
00:07:06,331 --> 00:07:07,510
with Inger Br�gger?
85
00:07:07,544 --> 00:07:11,355
Yes, of course.
We had a very good relationship.
86
00:07:11,705 --> 00:07:13,721
She had just returned from Butón,
87
00:07:13,745 --> 00:07:17,671
where he had worked to introduce
income tax.
88
00:07:18,066 --> 00:07:19,781
I knew...
89
00:07:19,805 --> 00:07:23,577
to Inger from when we worked together...
90
00:07:23,601 --> 00:07:26,736
as tax inspectors.
91
00:07:27,467 --> 00:07:32,655
We also study together.
I would say we were friends.
92
00:07:33,109 --> 00:07:35,393
And she knew her husband quite well.
93
00:07:35,596 --> 00:07:36,806
Thank you.
94
00:07:36,876 --> 00:07:40,947
When he died,
He requested a transfer abroad.
95
00:07:38,283 --> 00:07:40,716
{\an8}SOCIAL CLUB
FROM COPENHAGEN
96
00:07:42,829 --> 00:07:45,236
Who likes to pay taxes?
97
00:07:48,229 --> 00:07:51,166
Wouldn't it be great to live in a country...
98
00:07:51,190 --> 00:07:53,878
where it did not exist
income tax?
99
00:07:54,510 --> 00:07:57,699
He always had
a fairly rigid point of view...
100
00:07:57,723 --> 00:08:00,151
in regards
to social issues.
101
00:08:00,631 --> 00:08:04,589
I present to you the Kingdom of Butun.
102
00:08:04,991 --> 00:08:06,454
Paradise.
103
00:08:07,512 --> 00:08:09,568
0% taxes.
104
00:08:09,592 --> 00:08:11,728
There are no public hospitals,
105
00:08:11,752 --> 00:08:15,602
the road network is terrible
and the educational system, a disaster.
106
00:08:15,993 --> 00:08:19,729
At least that's how it was
until they hired me...
107
00:08:19,753 --> 00:08:22,617
as a consultant
of the Ministry of Finance.
108
00:08:25,538 --> 00:08:26,691
Hello.
109
00:08:26,736 --> 00:08:29,395
- I loved his speech.
- Thank you so much.
110
00:08:29,420 --> 00:08:30,587
Hello, Inger.
111
00:08:30,963 --> 00:08:32,566
- Hello, Peru.
- Welcome.
112
00:08:32,590 --> 00:08:33,713
Thank you.
113
00:08:33,974 --> 00:08:35,187
How are you?
114
00:08:35,247 --> 00:08:36,367
- Good.
-Yes?
115
00:08:36,426 --> 00:08:39,611
I'm glad to work here again.
116
00:08:39,635 --> 00:08:43,442
The Tax Agency needs you more
than you to her.
117
00:08:46,450 --> 00:08:47,781
Where is everyone?
118
00:08:47,818 --> 00:08:50,739
On Fridays the department
meets for breakfast.
119
00:08:50,763 --> 00:08:51,933
Over here.
120
00:08:51,971 --> 00:08:54,908
{\an8}DANISH TAX AGENCY
COPENHAGEN
121
00:08:52,732 --> 00:08:54,228
Let's say hello.
122
00:08:54,919 --> 00:08:56,736
- Hello. Good morning.
- How are you?
123
00:08:57,013 --> 00:08:59,454
She is your new boss,
Inger Br�gger.
124
00:08:59,478 --> 00:09:01,401
- Hello, Mrs. Br�gger.
- Good morning.
125
00:09:01,425 --> 00:09:02,986
It's a pleasure.
126
00:09:03,010 --> 00:09:04,848
I'm impatient...
127
00:09:04,986 --> 00:09:06,261
to meet them...
128
00:09:06,330 --> 00:09:08,743
- to everyone.
- Do you want to sit down, Inger?
129
00:09:08,907 --> 00:09:12,229
I would love to,
but Per is giving me the tour.
130
00:09:12,253 --> 00:09:13,393
Clear.
131
00:09:13,432 --> 00:09:15,624
- I'll see you later.
- Yes.
132
00:09:15,663 --> 00:09:17,667
- Goodbye.
- See you later.
133
00:09:17,918 --> 00:09:19,746
-Yes?
- Can we interrupt them?
134
00:09:19,770 --> 00:09:21,030
Clear.
135
00:09:21,080 --> 00:09:24,546
I want to introduce you
to his new boss, Inger Br�gger.
136
00:09:24,614 --> 00:09:26,059
- Hello.
- Niels Jensen.
137
00:09:26,083 --> 00:09:28,617
Developed the EDV reimbursement system.
138
00:09:28,641 --> 00:09:30,350
- Welcome.
- Thank you.
139
00:09:30,374 --> 00:09:33,558
I was teaching my classmates...
140
00:09:33,582 --> 00:09:35,861
the wonderful world of compilation...
141
00:09:36,093 --> 00:09:37,437
of digital data.
142
00:09:37,544 --> 00:09:40,275
Let's leave this wonderful world in peace.
143
00:09:40,299 --> 00:09:41,513
Yes.
144
00:09:42,123 --> 00:09:44,292
- Have a good time.
- Thank you.
145
00:09:46,236 --> 00:09:48,586
LONDON
146
00:09:48,611 --> 00:09:52,939
(STILL) PART OF THE EUROPEAN UNION
147
00:10:05,437 --> 00:10:07,083
What is our role,
148
00:10:07,533 --> 00:10:10,481
our purpose
in the financial market?
149
00:10:10,790 --> 00:10:13,117
Our role?
I imagine it refers to...
150
00:10:13,141 --> 00:10:15,373
Ours as lawyers, of course.
151
00:10:15,727 --> 00:10:18,441
- I think as lawyers�
- Nobody is clear.
152
00:10:18,465 --> 00:10:21,746
People think there are bankers
and investors and that's it.
153
00:10:23,097 --> 00:10:24,278
Yes.
154
00:10:29,648 --> 00:10:31,754
The water flows downstream.
155
00:10:32,889 --> 00:10:34,322
For years,
156
00:10:34,619 --> 00:10:36,002
decades,
157
00:10:36,729 --> 00:10:37,986
or centuries.
158
00:10:38,969 --> 00:10:43,242
You can drink the water, bathe in it.
It is there, for everyone.
159
00:10:43,330 --> 00:10:46,324
But you can't
turn it into a product.
160
00:10:46,530 --> 00:10:49,269
Literally,
It slips through your fingers.
161
00:10:50,411 --> 00:10:52,993
But if you have a container,
a bottle,
162
00:10:53,581 --> 00:10:55,754
then you fill it with water.
163
00:10:56,011 --> 00:10:58,411
Now you own a piece of the river...
164
00:10:59,532 --> 00:11:02,261
and you can sell the piece of river...
165
00:11:02,285 --> 00:11:05,033
or take it somewhere.
166
00:11:08,373 --> 00:11:10,314
And in the financial market,
167
00:11:10,973 --> 00:11:13,572
We are the inventors of the bottle.
168
00:11:14,253 --> 00:11:17,475
We are the inventors
of the tanker truck.
169
00:11:18,654 --> 00:11:21,095
We create the legal framework...
170
00:11:21,229 --> 00:11:23,426
so that capital can accumulate...
171
00:11:23,481 --> 00:11:24,941
and make sure.
172
00:11:28,695 --> 00:11:29,933
It's good.
173
00:11:30,415 --> 00:11:31,679
I will remember it.
174
00:11:34,336 --> 00:11:36,442
How long have you been in Touraine?
175
00:11:36,616 --> 00:11:38,120
Half a year.
176
00:11:39,816 --> 00:11:40,948
Good.
177
00:11:41,811 --> 00:11:43,509
And they all come.
178
00:11:43,864 --> 00:11:45,446
Of course they all come.
179
00:11:48,137 --> 00:11:51,644
{\an8}LONDON CONVENTION CENTER
MEETING ROOM N�1084
180
00:11:49,668 --> 00:11:50,889
So,
181
00:11:50,940 --> 00:11:54,140
in the end,
everything is exactly as before,
182
00:11:54,165 --> 00:11:55,860
with a small difference...
183
00:11:55,884 --> 00:11:58,685
of an interest rate of 25%
in just six months.
184
00:11:58,710 --> 00:12:01,214
We talk about a benefit
absolutely guaranteed.
185
00:12:01,285 --> 00:12:04,434
We wait for a guy
of the 25th in six months.
186
00:12:04,458 --> 00:12:08,007
And we can guarantee it 100%,
since it comes from the German treasury,
187
00:12:08,031 --> 00:12:10,339
of the Tax Agency.
No problem.
188
00:12:10,363 --> 00:12:14,119
Yes. From the State. we get
a big loan and we used it.
189
00:12:14,143 --> 00:12:16,750
- Would you say it is leverage?
- Clear.
190
00:12:17,213 --> 00:12:18,426
That is.
191
00:12:20,409 --> 00:12:23,097
Thank you very much
for such an interesting presentation.
192
00:12:23,121 --> 00:12:25,678
We will review the material
and we will contact them.
193
00:12:25,702 --> 00:12:28,199
Yes, we are impatient...
194
00:12:28,486 --> 00:12:30,451
for a closer look at the documents.
195
00:12:30,475 --> 00:12:33,897
But they don't understand it.
It's 25% in six months.
196
00:12:33,921 --> 00:12:35,086
Yes.
197
00:12:36,145 --> 00:12:37,703
Gentlemen, thank you.
198
00:12:38,005 --> 00:12:39,125
A pleasure.
199
00:12:39,166 --> 00:12:41,454
Well, we'll let you know.
200
00:12:48,705 --> 00:12:50,191
They haven't understood it.
201
00:12:50,215 --> 00:12:54,030
How can they say no?
to an offer like that?
202
00:13:02,047 --> 00:13:05,449
In 2005 I worked as an external consultant
for the Tax Agency...
203
00:13:05,473 --> 00:13:07,560
in order to optimize processes...
204
00:13:07,829 --> 00:13:10,003
and make them more profitable.
205
00:13:10,027 --> 00:13:11,231
Is it correct?
206
00:13:11,707 --> 00:13:14,355
And how did he do it? Could you explain it?
207
00:13:12,513 --> 00:13:16,133
{\an8}DANISH NATIONAL TAX ARCHIVE
SOMEWHERE IN THE CENTER OF COPENHAGEN
208
00:13:14,957 --> 00:13:17,165
This is our file.
209
00:13:17,189 --> 00:13:20,296
Contains many years of tax history.
210
00:13:21,221 --> 00:13:25,045
The tax authority
It's like a mountain of flaccid fat.
211
00:13:25,069 --> 00:13:29,405
Let's turn her into a strong body
without a single gram of fat.
212
00:13:29,429 --> 00:13:31,656
we can say
that Brown Linhead Consulting...
213
00:13:31,680 --> 00:13:33,394
It's our new gym...
214
00:13:33,437 --> 00:13:37,507
and Caroline, our coach.
Yes, I love the metaphor.
215
00:13:37,531 --> 00:13:40,258
But in my opinion, the biggest problem...
216
00:13:40,282 --> 00:13:43,376
There are thousands of pending applications,
217
00:13:43,400 --> 00:13:46,540
we lack
of the capacity to process them.
218
00:13:46,564 --> 00:13:47,895
Thanks, Inger.
219
00:13:48,839 --> 00:13:51,874
- Why?
- That's just what I think.
220
00:13:51,912 --> 00:13:53,659
There is too much control.
221
00:13:54,484 --> 00:13:56,695
Aren't we here for that?
222
00:13:58,153 --> 00:14:00,074
Did you know that in the 80s...
223
00:14:00,098 --> 00:14:03,803
some Soviet commissars
They traveled to London...
224
00:14:03,827 --> 00:14:06,295
to study your economic system?
225
00:14:06,394 --> 00:14:10,323
And they were surprised to see
that there were no lines at the bakeries,
226
00:14:10,347 --> 00:14:12,005
unlike in the USSR,
227
00:14:12,029 --> 00:14:14,532
where the queues
They went around the corner.
228
00:14:14,556 --> 00:14:18,051
So they asked the government
if they could talk...
229
00:14:18,075 --> 00:14:21,303
with the person in charge
of the distribution of bread.
230
00:14:22,836 --> 00:14:26,025
Then the representative
He shook his head and said:
231
00:14:26,049 --> 00:14:27,405
"There is no one responsible."
232
00:14:28,643 --> 00:14:31,922
Seriously, I love it. Did you understand it?
233
00:14:31,946 --> 00:14:33,893
Because the market regulates itself.
234
00:14:33,917 --> 00:14:36,875
The invisible hand of the market,
that's what it refers to.
235
00:14:37,269 --> 00:14:40,090
�Why�
Hasn't all this been digitized?
236
00:14:40,114 --> 00:14:41,734
Due to lack of personnel.
237
00:14:41,758 --> 00:14:45,254
I don't want to imagine what they pay
rent here, it's crazy.
238
00:14:45,278 --> 00:14:46,869
Yes, you are right.
239
00:14:46,893 --> 00:14:50,377
We have to form a working group
to solve the problem.
240
00:14:50,401 --> 00:14:51,632
There's no need.
241
00:14:51,661 --> 00:14:54,710
We just have to hire people
Enter the data...
242
00:14:54,734 --> 00:14:58,856
- from these old tax files...
- No, no.
243
00:14:58,880 --> 00:15:02,376
He has not understood
What is your purpose here.
244
00:15:02,400 --> 00:15:04,592
The department has to decrease.
245
00:15:04,680 --> 00:15:07,097
We want to reduce staff,
246
00:15:07,121 --> 00:15:10,003
so that the State
don't get fatter.
247
00:15:10,561 --> 00:15:12,312
- Do you understand?
- That is.
248
00:15:13,272 --> 00:15:14,567
It seems very easy.
249
00:15:14,922 --> 00:15:17,072
- And it is.
- Yes.
250
00:15:34,429 --> 00:15:36,430
THE LAST NAME ON THE LIST
251
00:15:42,083 --> 00:15:44,183
FISCAL OPTIMIZATION
252
00:15:44,451 --> 00:15:45,719
Very interesting.
253
00:15:46,529 --> 00:15:47,806
It's a great job.
254
00:15:49,944 --> 00:15:51,064
Syed,
255
00:15:51,311 --> 00:15:53,960
put it first
in my documents to read.
256
00:15:52,903 --> 00:15:55,683
{\an8}SYED AKRAM
YOUR HELPER
257
00:15:57,325 --> 00:15:58,856
If they want it that way
258
00:15:59,646 --> 00:16:01,841
Come have a drink at Gingers.
259
00:16:02,143 --> 00:16:04,215
It's a pub around the corner.
260
00:16:18,209 --> 00:16:19,530
And now we give up,
261
00:16:19,701 --> 00:16:21,898
- we return to Frankfurt or...
- "Us"?
262
00:16:22,013 --> 00:16:25,285
I brought him as a companion
and he has already accompanied me.
263
00:16:25,309 --> 00:16:28,168
- But Mr. Hausner...
- 25 years in the Tax Agency...
264
00:16:28,192 --> 00:16:32,027
I was the youngest fiscal director.
I have audited large banks.
265
00:16:32,051 --> 00:16:34,347
-No one had done it before.
- I know.
266
00:16:34,371 --> 00:16:38,587
I have general directors, politicians
and billionaires begging me...
267
00:16:38,611 --> 00:16:40,228
to accept them as clients.
268
00:16:40,252 --> 00:16:43,157
Without a bank, there are no funds;
without funds, there are no investors;
269
00:16:43,181 --> 00:16:45,184
no investors, no fees.
270
00:16:47,132 --> 00:16:51,670
Let's look at the request.
Here is the name, in this section.
271
00:16:51,694 --> 00:16:55,795
It is usually a background,
a company or a bank.
272
00:16:56,629 --> 00:16:59,790
- Yes.
- They have to enter the amount.
273
00:16:59,814 --> 00:17:01,696
Avidor Trade.
274
00:17:03,294 --> 00:17:05,715
Good.
Put it in the box on the left.
275
00:17:05,777 --> 00:17:11,509
- How much is the refund?
- It's 5,000, not 500...
276
00:17:13,536 --> 00:17:18,540
574,323,106.57 crowns.
277
00:17:18,564 --> 00:17:20,930
No, it can't be.
278
00:17:21,776 --> 00:17:23,972
How much did you say? Let's see, 500...
279
00:17:26,017 --> 00:17:27,256
Impossible.
280
00:17:28,257 --> 00:17:30,611
It is the same in all departments.
281
00:17:30,635 --> 00:17:33,274
The employees are good,
but it takes a long time.
282
00:17:33,298 --> 00:17:35,074
It was also like that in Bhutan,
283
00:17:35,098 --> 00:17:39,847
but it was introduced
a new way of thinking and
284
00:17:40,464 --> 00:17:41,584
Hello.
285
00:17:41,807 --> 00:17:43,190
Sorry to bother.
286
00:17:43,402 --> 00:17:44,522
Don't worry.
287
00:17:45,859 --> 00:17:49,040
�574 million?
288
00:17:49,940 --> 00:17:51,501
Avidor Trade.
289
00:17:51,820 --> 00:17:54,102
- Do you know them?
- No, no idea.
290
00:17:54,660 --> 00:17:56,754
I have researched...
291
00:17:57,141 --> 00:17:59,397
and they are all TDC stocks.
292
00:17:59,421 --> 00:18:03,837
To get such a big refund,
Avidor Trade clients...
293
00:18:03,861 --> 00:18:06,631
they should own 48% of the shares...
294
00:18:06,655 --> 00:18:09,499
the day they will be liquidated
the dividends.
295
00:18:09,622 --> 00:18:12,438
Also, TDC is a large company.
296
00:18:12,462 --> 00:18:15,399
Yes, it is the third largest.
297
00:18:15,423 --> 00:18:20,979
Could you get in touch
with Avidor Trade and ask them this?
298
00:18:22,544 --> 00:18:25,478
Yes, it can
that some employee has made a mistake.
299
00:18:25,502 --> 00:18:28,162
- I hope so. Yes.
- Good.
300
00:18:29,597 --> 00:18:30,718
OK.
301
00:19:12,241 --> 00:19:15,359
Hello. Could it bring us
two bottles of champagne?
302
00:19:15,383 --> 00:19:17,980
-Anyone in particular?
- The best one you have.
303
00:19:18,835 --> 00:19:20,717
- I'm there.
- Very good, sir.
304
00:19:20,750 --> 00:19:21,871
Hello.
305
00:19:23,288 --> 00:19:24,757
The best, sir.
306
00:19:24,913 --> 00:19:26,260
Yes, thank you.
307
00:19:34,937 --> 00:19:36,425
Do you mind if I sit down?
308
00:19:37,280 --> 00:19:40,335
- More people have to come.
- It will be a few seconds.
309
00:19:44,610 --> 00:19:45,887
Something to celebrate?
310
00:19:46,048 --> 00:19:48,577
There's always something to celebrate, right?
311
00:19:50,259 --> 00:19:51,379
Tell me.
312
00:19:51,908 --> 00:19:53,364
Who took the bait?
313
00:19:54,775 --> 00:19:56,743
- What do you mean?
- Come on.
314
00:19:57,198 --> 00:20:00,049
Come in here,
order two bottles of champagne,
315
00:20:00,073 --> 00:20:01,770
at 2,700 pounds.
316
00:20:02,198 --> 00:20:03,475
Do you take me for a fool?
317
00:20:04,237 --> 00:20:05,900
I like to drink champagne.
318
00:20:06,837 --> 00:20:09,536
There is only one way
that he has achieved it.
319
00:20:09,560 --> 00:20:11,402
And, which one is it?
320
00:20:11,751 --> 00:20:12,872
They have found...
321
00:20:13,479 --> 00:20:15,623
a very rich investor,
322
00:20:15,830 --> 00:20:17,954
They have offered a part to the banks,
323
00:20:17,978 --> 00:20:19,460
That awakens his greed.
324
00:20:19,924 --> 00:20:21,885
Because no one would take the risk.
325
00:20:22,613 --> 00:20:25,119
Cum-Ex was made since the 90s,
326
00:20:25,143 --> 00:20:27,970
but only
as an internal business between banks.
327
00:20:28,344 --> 00:20:32,352
Yes. I have some friends
Germans in Avidor...
328
00:20:32,376 --> 00:20:35,797
they just made a huge
transaction with Danish shares, TDC.
329
00:20:35,822 --> 00:20:40,223
They don't even have to give the names
of their clients. That easy.
330
00:20:40,469 --> 00:20:43,041
They just have to confirm the numbers.
331
00:20:45,763 --> 00:20:46,883
And that's it.
332
00:20:48,827 --> 00:20:51,522
But if you have an external inverter,
333
00:20:51,999 --> 00:20:54,967
you better be careful
with the Tax Agency.
334
00:20:58,901 --> 00:21:00,021
Look,
335
00:21:00,198 --> 00:21:03,077
If your investor
It's as big as I suspect,
336
00:21:03,464 --> 00:21:04,876
maybe we can talk.
337
00:21:05,222 --> 00:21:07,513
My boss wouldn't be reluctant.
338
00:21:07,718 --> 00:21:10,445
- Yeah, and that?
- Good job.
339
00:21:10,469 --> 00:21:11,589
Think about it.
340
00:21:12,429 --> 00:21:13,550
It will be here.
341
00:21:38,621 --> 00:21:40,834
Welcome to Frankfurt Airport.
342
00:21:40,863 --> 00:21:44,175
Please remain seated
with their belts fastened...
343
00:21:44,199 --> 00:21:46,454
until the plane has stopped.
344
00:21:47,015 --> 00:21:50,544
- It will be very fast. It is very important.
- Now you can't meet.
345
00:21:50,568 --> 00:21:52,840
- I'll call you later.
- Banks have been...
346
00:21:52,864 --> 00:21:54,659
doing the Cum-Ex thing.
347
00:21:54,748 --> 00:21:56,579
Internally,
like a business between banks.
348
00:21:56,604 --> 00:21:59,075
They don't want them to participate
private investors...
349
00:21:59,138 --> 00:22:01,465
so that the Agency
Tax don't be suspicious.
350
00:22:01,490 --> 00:22:04,100
-How do you know?
- We need a rich investor,
351
00:22:04,124 --> 00:22:06,391
that greed
of the banks for having it...
352
00:22:06,416 --> 00:22:09,265
be older
than his fear of the authorities.
353
00:22:13,037 --> 00:22:16,823
WAKE UP
YOUR GREED
354
00:22:23,092 --> 00:22:25,735
Avidor Trade has confirmed the figures.
355
00:22:26,412 --> 00:22:29,195
Great,
So, everything is in order, right?
356
00:22:29,975 --> 00:22:33,678
except
because we have no way to verify...
357
00:22:33,702 --> 00:22:38,950
that the numbers are correct,
and if 574 million correspond to them.
358
00:22:38,974 --> 00:22:41,071
What do we know about the company?
359
00:22:41,095 --> 00:22:45,692
Well, it's a subsidiary
from a major German bank.
360
00:22:46,374 --> 00:22:49,111
We cannot ask the bank
that confirms the data?
361
00:22:49,135 --> 00:22:51,358
- I already did.
- And what did they say?
362
00:22:51,382 --> 00:22:53,687
They have confirmed
Avidor Trade figures.
363
00:22:53,771 --> 00:22:54,806
Good.
364
00:22:54,855 --> 00:22:59,832
-And what is the problem?
- We cannot verify those numbers.
365
00:22:59,856 --> 00:23:03,201
We don't know the names
of foreign shareholders.
366
00:23:03,225 --> 00:23:05,473
There is another question, Peru.
367
00:23:05,497 --> 00:23:07,150
And it is very urgent.
368
00:23:07,417 --> 00:23:11,001
If we do not pay in 30 days,
interest will accrue.
369
00:23:11,051 --> 00:23:13,074
How much is the interest?
370
00:23:13,098 --> 00:23:16,143
- About 100,000 crowns.
- Per month?
371
00:23:16,818 --> 00:23:18,700
No. Per day.
372
00:23:18,738 --> 00:23:21,396
- Per day?
- Yes, per day.
373
00:23:21,420 --> 00:23:22,723
It just can't be.
374
00:23:23,699 --> 00:23:25,491
But it will be worse...
375
00:23:25,539 --> 00:23:30,095
if we transfer 574 million crowns
to whom we don't owe, right?
376
00:23:30,120 --> 00:23:32,157
Yeah, but, Inger, 100,000 a day?
377
00:23:32,182 --> 00:23:34,452
Let's make things clear:
378
00:23:34,500 --> 00:23:36,996
to recover the 500 million,
379
00:23:37,020 --> 00:23:39,480
we would have to pay 100,000 per day,
380
00:23:39,504 --> 00:23:43,317
every day for the next 15 years.
381
00:23:43,341 --> 00:23:45,957
- Already.
- Can you talk to the minister?
382
00:23:45,981 --> 00:23:50,686
- Something has to be done.
- Yes, of course, I'll have to talk to him.
383
00:23:53,862 --> 00:23:57,974
- �574 million?
- 574 million for a single bank.
384
00:23:57,998 --> 00:24:00,307
Any foreign bank
can claim...
385
00:24:00,331 --> 00:24:03,245
that have transactions
with Danish shares.
386
00:24:03,269 --> 00:24:05,514
To avoid double taxation,
387
00:24:05,538 --> 00:24:08,436
we reimburse them
the taxes they had already paid.
388
00:24:08,460 --> 00:24:10,175
For its benefits.
389
00:24:10,256 --> 00:24:12,217
Let's see if I understood it.
390
00:24:12,345 --> 00:24:13,602
If they have...
391
00:24:14,868 --> 00:24:17,212
a foreign account,
392
00:24:17,236 --> 00:24:20,842
You can make a request
and do they have to pay them?
393
00:24:20,866 --> 00:24:23,867
- This is how the law works.
- Good.
394
00:24:23,891 --> 00:24:25,754
What if I submit an application?
395
00:24:25,778 --> 00:24:28,088
You do not have an account abroad.
396
00:24:28,112 --> 00:24:31,697
I can open up
an account abroad...
397
00:24:32,040 --> 00:24:35,610
and then I send you
the refund request.
398
00:24:35,947 --> 00:24:38,404
- So?
- We transfer the money to you.
399
00:24:38,428 --> 00:24:41,444
574 million for you, Mikkel Sandvig.
400
00:24:41,468 --> 00:24:43,353
- Let's drink to that.
- Health.
401
00:24:52,755 --> 00:24:54,159
It's cute.
402
00:24:54,858 --> 00:24:55,978
Yes.
403
00:24:57,500 --> 00:24:59,561
Mikkel, not again.
404
00:24:59,750 --> 00:25:01,727
Stop it, it's ridiculous.
405
00:25:01,977 --> 00:25:03,097
I can't�
406
00:25:11,671 --> 00:25:14,996
- They're coming here.
- You are something that doesn't exist.
407
00:25:15,020 --> 00:25:16,140
Hello.
408
00:25:16,552 --> 00:25:18,284
Please. Hello.
409
00:25:18,934 --> 00:25:22,418
- Hello. Olga. Nice to meet you.
- Niels. Hello, Olga.
410
00:25:23,873 --> 00:25:26,577
They are from Serbia.
411
00:25:27,428 --> 00:25:28,573
Serbia.
412
00:25:29,164 --> 00:25:32,757
So they planned
the perfect crime, is it true?
413
00:25:32,781 --> 00:25:33,901
Yes, yes.
414
00:25:34,141 --> 00:25:36,281
They could be
our accomplices, you know?
415
00:25:36,306 --> 00:25:38,933
We are chivalrous,
We only steal from the rich.
416
00:25:38,958 --> 00:25:41,304
What crime are we planning?
417
00:25:41,694 --> 00:25:45,909
- We have to rob the Danish state.
- About the banks, right?
418
00:25:46,857 --> 00:25:47,977
Drinks?
419
00:25:49,123 --> 00:25:52,160
- A Moscow Mule would be nice.
-Moscow mule?
420
00:25:52,184 --> 00:25:53,304
Yes.
421
00:25:53,521 --> 00:25:54,904
- Are you sure?
- Yes.
422
00:25:54,959 --> 00:25:57,890
- Good. Can you help me with the drinks?
- Yes, of course.
423
00:26:11,732 --> 00:26:15,770
- You don't look much like Lopovi.
- Yeah, well.
424
00:26:15,795 --> 00:26:17,300
What is that? Lopovi?
425
00:26:17,325 --> 00:26:18,445
Lopovi.
426
00:26:19,170 --> 00:26:20,842
Thieves, you know.
427
00:26:21,369 --> 00:26:22,892
This is...
428
00:26:23,533 --> 00:26:25,353
This is a costume.
429
00:26:25,846 --> 00:26:30,029
- A costume?
- Yes, to look normal.
430
00:26:31,096 --> 00:26:32,313
Camouflage.
431
00:26:32,800 --> 00:26:34,672
- Camouflage. Yes.
- Good.
432
00:26:40,074 --> 00:26:43,180
You write text messages very quickly.
433
00:26:44,215 --> 00:26:46,589
- Yes.
- Yes. I have to use
434
00:26:46,758 --> 00:26:48,820
I have to put on my glasses and
435
00:26:49,001 --> 00:26:50,785
- press like this.
- Fast fingers.
436
00:26:50,841 --> 00:26:52,110
You like it, don't you?
437
00:26:52,622 --> 00:26:55,877
Yes, it is the custom.
I write a lot to my mother.
438
00:26:57,276 --> 00:27:00,094
And your nails match your shirt.
439
00:27:00,215 --> 00:27:01,483
Yes, they match.
440
00:27:01,895 --> 00:27:03,777
Yours don't match your sweater.
441
00:27:28,888 --> 00:27:30,560
Mr. K�hler. Hello.
442
00:27:31,648 --> 00:27:34,448
It's great that everything came together.
Great.
443
00:27:35,088 --> 00:27:37,360
I will take you to the concert hall.
444
00:27:38,969 --> 00:27:42,195
Guaranteed profit
after six months:
445
00:27:42,689 --> 00:27:44,289
12%.
446
00:27:45,730 --> 00:27:47,635
Do you know Jaroussky?
447
00:27:47,869 --> 00:27:48,989
The castrato?
448
00:27:50,050 --> 00:27:53,661
Countertenor. The castrati no longer exist.
449
00:27:54,206 --> 00:27:56,752
Nowadays they no longer cut testicles.
450
00:27:57,028 --> 00:28:01,256
Before, until the 19th century,
boys were selected...
451
00:28:01,891 --> 00:28:04,849
with especially beautiful voices.
452
00:28:05,612 --> 00:28:09,599
They were asked to make that sacrifice,
453
00:28:10,092 --> 00:28:13,454
and not for wealth or power,
454
00:28:13,853 --> 00:28:16,170
but for pure beauty.
455
00:28:17,985 --> 00:28:24,150
You imagine it.
There would never have been testosterone...
456
00:28:24,174 --> 00:28:26,103
in your body,
457
00:28:26,814 --> 00:28:28,901
nor would he have become a man,
458
00:28:29,288 --> 00:28:30,901
I would still be a child.
459
00:28:32,735 --> 00:28:35,711
His beard would not have grown,
460
00:28:35,735 --> 00:28:37,796
nor would his hair have fallen out.
461
00:28:38,496 --> 00:28:41,485
As a child I already had the voice of a crow.
462
00:28:45,577 --> 00:28:46,993
How much?
463
00:28:47,866 --> 00:28:50,281
- Make it worth it.
- That is?
464
00:28:51,417 --> 00:28:52,895
100 would be worth.
465
00:28:54,338 --> 00:28:56,522
So it comes from the State?
466
00:28:56,546 --> 00:28:58,745
Straight from the coffers.
467
00:29:00,858 --> 00:29:02,635
I'll give you 50.
468
00:29:02,659 --> 00:29:05,091
With 50 I can already do something.
469
00:29:05,739 --> 00:29:07,416
Turn up the volume.
470
00:29:16,540 --> 00:29:21,170
Sure, but it doesn't work for me. That doesn't help me.
471
00:29:21,705 --> 00:29:25,458
Unclear.
Heathrow is too far away.
472
00:29:26,895 --> 00:29:29,700
�There is none
to London airport?
473
00:29:30,682 --> 00:29:32,650
Are the documents ready?
474
00:29:32,675 --> 00:29:35,230
I'd like to take a look at them.
475
00:29:35,545 --> 00:29:37,427
Very good. Goodbye.
476
00:29:49,824 --> 00:29:51,018
hello?
477
00:29:56,345 --> 00:29:57,599
“Dad”?
478
00:29:57,625 --> 00:29:59,641
This shitty meeting.
479
00:30:00,945 --> 00:30:02,655
It's ruined.
480
00:30:04,120 --> 00:30:05,529
What did you come for?
481
00:30:10,159 --> 00:30:13,692
- Mom's birthday.
- Has another year already passed?
482
00:30:15,387 --> 00:30:16,573
Where is it?
483
00:30:16,908 --> 00:30:18,711
Up, lying down.
484
00:30:55,377 --> 00:30:56,591
Mom.
485
00:31:02,733 --> 00:31:04,016
Sven.
486
00:31:08,233 --> 00:31:11,224
- Did something happen?
- Your birthday.
487
00:31:13,834 --> 00:31:15,155
Sven.
488
00:31:16,834 --> 00:31:19,572
We don't have a vase that big.
489
00:31:23,119 --> 00:31:24,340
Have you eaten?
490
00:31:25,915 --> 00:31:27,785
Come, I'll prepare something for you.
491
00:31:28,116 --> 00:31:29,279
Don't bother.
492
00:31:29,960 --> 00:31:31,080
I already ate.
493
00:31:36,116 --> 00:31:37,689
In the coming weeks...
494
00:31:37,713 --> 00:31:40,573
we will buy and resell
various German actions,
495
00:31:40,597 --> 00:31:44,094
I have calculated everything in detail.
To the second.
496
00:31:44,118 --> 00:31:46,595
The slightest delay
It would cost us millions.
497
00:31:47,061 --> 00:31:50,211
Look, Siemens, Mannesmann, Telekom.
498
00:31:50,958 --> 00:31:55,002
But we don't do it from Frankfurt.
Business is done in London.
499
00:31:55,158 --> 00:31:56,695
- In London?
- Yes,
500
00:31:56,719 --> 00:31:58,853
Now I go a lot, there is no other choice.
501
00:31:59,412 --> 00:32:02,329
Where does the money come from?
to buy the shares?
502
00:32:02,353 --> 00:32:05,256
We have an investor
that is going to give us 50 million.
503
00:32:05,280 --> 00:32:08,154
We will use it to obtain
a loan from the bank.
504
00:32:09,000 --> 00:32:10,501
Guess how much.
505
00:32:10,921 --> 00:32:12,364
I have no idea.
506
00:32:12,841 --> 00:32:14,072
Billion.
507
00:32:14,881 --> 00:32:16,808
But there is no risk.
508
00:32:16,841 --> 00:32:19,738
They are short sales
and are hedged with futures.
509
00:32:19,762 --> 00:32:22,797
- I see.
-And how do you make money with that?
510
00:32:23,762 --> 00:32:27,018
Imagine
that the father and mother of a child...
511
00:32:27,042 --> 00:32:29,809
They collect family allowance for him.
512
00:32:29,963 --> 00:32:33,291
In November,
The Tax Agency returns them...
513
00:32:33,348 --> 00:32:35,420
the double benefit for dependent children.
514
00:32:35,843 --> 00:32:39,093
�They pay you double
of what corresponds to you?
515
00:32:39,684 --> 00:32:42,180
In my world,
That has a name: Fraud.
516
00:32:42,204 --> 00:32:44,017
- Come on, Rolf.
-Rolf what?
517
00:32:44,755 --> 00:32:47,340
The financial market is different.
518
00:32:47,445 --> 00:32:49,755
you do things
that you don't do in real life.
519
00:32:51,698 --> 00:32:52,937
Don't burn yourself.
520
00:32:59,030 --> 00:33:02,667
MARKET OPENING
521
00:33:02,691 --> 00:33:04,995
MARKET OPENING
LONDON 9 AM
522
00:33:10,076 --> 00:33:11,957
Hey, where's Syed?
523
00:33:12,030 --> 00:33:13,150
I don't know.
524
00:33:13,927 --> 00:33:15,047
Good.
525
00:33:26,335 --> 00:33:27,456
What's wrong?
526
00:33:27,664 --> 00:33:28,784
Hello. Well,
527
00:33:29,648 --> 00:33:30,768
it seems...
528
00:33:31,375 --> 00:33:35,662
that someone forgot to cover
Cum actions with the future...
529
00:33:35,703 --> 00:33:37,881
and according to our spreadsheet,
530
00:33:38,016 --> 00:33:39,830
It should have already happened.
531
00:33:39,920 --> 00:33:42,624
- It's a risk.
- That idiot, I'm going to kill him.
532
00:33:43,146 --> 00:33:44,377
Syed!
533
00:33:45,195 --> 00:33:46,315
Syed!
534
00:33:50,302 --> 00:33:51,422
Oh.
535
00:33:51,998 --> 00:33:53,119
How about "ah"?
536
00:33:53,670 --> 00:33:56,015
Are you making fun? "Oh"?
537
00:33:56,741 --> 00:33:57,861
Oh.
538
00:33:58,280 --> 00:34:00,559
What does "ah" mean?
539
00:34:00,583 --> 00:34:04,754
That the delay made us win
3.2 million. Perfect.
540
00:34:04,778 --> 00:34:06,122
We were lucky.
541
00:34:06,363 --> 00:34:07,584
Lucky?
542
00:34:08,012 --> 00:34:11,668
Have you lost your mind?
This is not a casino!
543
00:34:11,692 --> 00:34:13,708
We could have lost 3 million.
544
00:34:15,426 --> 00:34:16,948
Do you know? You're an idiot.
545
00:34:17,011 --> 00:34:20,233
Pick up your things. Now.
I don't want to see you again.
546
00:34:22,908 --> 00:34:24,775
Bernd Hausner:
Is everything going well?
547
00:34:24,796 --> 00:34:28,136
Lebert:
Everything is going well.
548
00:34:34,203 --> 00:34:35,323
Goodbye.
549
00:34:55,540 --> 00:34:57,306
It's pretty full today.
550
00:34:57,707 --> 00:34:59,987
A long weekend. It's normal.
551
00:35:00,700 --> 00:35:03,672
My granddaughter came
to visit his grandparents.
552
00:35:03,696 --> 00:35:06,115
And he loves brushes.
Right, Lea?
553
00:35:07,414 --> 00:35:09,831
Can we shorten the waiting time?
554
00:35:09,855 --> 00:35:13,427
Save your 50 euros,
there are no class privileges here.
555
00:35:13,542 --> 00:35:15,278
We serve in order of arrival.
556
00:35:15,302 --> 00:35:19,555
The Lord doesn't let us wash the car,
but grandpa will manage.
557
00:35:20,063 --> 00:35:21,317
Right?
558
00:35:21,423 --> 00:35:24,799
If he gets me another ticket,
he's leaving here. Understood?
559
00:35:24,823 --> 00:35:26,072
Goodbye.
560
00:35:26,183 --> 00:35:28,447
hello? I come with a girl.
561
00:35:29,544 --> 00:35:32,517
- Here everyone is communist.
- Grandfather,
562
00:35:32,541 --> 00:35:35,052
- What are communists?
- Bernd.
563
00:35:35,144 --> 00:35:36,331
Oh no.
564
00:35:37,425 --> 00:35:39,993
The last time I saw you you were like this.
565
00:35:40,017 --> 00:35:43,174
Poor Frank. He was my classmate
at the Tax Agency.
566
00:35:41,807 --> 00:35:45,174
{\an8}FRANK MITTENDORF
SENIOR OFFICIAL OF THE TAX AGENCY
567
00:35:43,198 --> 00:35:47,461
He still works there for very little money
in a tiny office.
568
00:35:47,485 --> 00:35:48,809
Just like me before.
569
00:35:48,986 --> 00:35:53,276
Your grandfather chased bad banks
and now he is your best friend.
570
00:35:53,787 --> 00:35:57,658
- Do you have a new tax trick?
- This time it's not a trick.
571
00:35:58,267 --> 00:36:00,003
It's pure magic.
572
00:36:00,027 --> 00:36:04,624
Are you a veteran? Cum Dividends,
Ex dividends, hocus-pocus.
573
00:36:04,648 --> 00:36:06,190
It's illogical,
574
00:36:07,428 --> 00:36:09,114
but also legal.
575
00:36:10,029 --> 00:36:13,468
Take care, Frank.
Have fun with your savings.
576
00:36:27,580 --> 00:36:28,811
Well.
577
00:36:29,271 --> 00:36:30,447
I have spoken...
578
00:36:30,558 --> 00:36:33,094
- with the minister.
- Good.
579
00:36:33,298 --> 00:36:35,982
- What did he say?
- He said: "100,000 crowns a day?"
580
00:36:36,006 --> 00:36:37,916
- Not while I'm here."
- What?
581
00:36:37,940 --> 00:36:39,743
He has made it very clear:
582
00:36:39,767 --> 00:36:42,008
no extra bureaucracy
for the banks.
583
00:36:42,775 --> 00:36:43,960
But...
584
00:36:43,995 --> 00:36:46,430
banks can transfer dividends...
585
00:36:46,454 --> 00:36:48,889
Danish shares
in a matter of days.
586
00:36:48,913 --> 00:36:52,765
I don't think it's a big burden.
provide us with the names.
587
00:36:52,789 --> 00:36:57,069
But we can't charge the banks
with more paperwork, you understand?
588
00:36:57,093 --> 00:36:59,530
Peru, the current legal situation...
589
00:36:59,554 --> 00:37:02,291
It is an invitation to tax fraud.
590
00:37:02,315 --> 00:37:03,852
"Come to defraud!"
591
00:37:03,876 --> 00:37:07,891
I was clear enough,
so from the discussion.
592
00:37:07,915 --> 00:37:11,572
No. But how can you be so stupid?
593
00:37:11,596 --> 00:37:14,813
You have one of the greatest in front of you
experts from Denmark.
594
00:37:14,837 --> 00:37:17,692
We can end this
if they give us the means.
595
00:37:17,716 --> 00:37:22,340
Let's get this over with, it's a problem.
A huge problem.
596
00:37:22,364 --> 00:37:24,755
They are robbing us
from the state coffers!
597
00:37:27,358 --> 00:37:28,478
Yes.
598
00:37:29,278 --> 00:37:31,035
I think we're done.
599
00:37:36,159 --> 00:37:38,175
I want to emphasize...
600
00:37:38,199 --> 00:37:42,045
which I absolutely did
everything that was in my hands...
601
00:37:42,359 --> 00:37:43,928
for...
602
00:37:44,720 --> 00:37:47,990
put an end to this business model.
603
00:37:48,760 --> 00:37:52,036
I want to apologize Inger.
I don't know what happened to me,
604
00:37:52,060 --> 00:37:55,546
I was angry.
It was unprofessional and unacceptable.
605
00:37:55,570 --> 00:37:57,429
Yes, it was.
606
00:37:58,121 --> 00:38:00,500
But it was very good.
607
00:38:01,162 --> 00:38:02,864
If I think about it,
608
00:38:03,261 --> 00:38:07,067
I didn't like him anymore
when we studied together,
609
00:38:07,322 --> 00:38:08,811
He did something good:
610
00:38:09,317 --> 00:38:11,617
introduce myself to my husband, Christian.
611
00:38:13,043 --> 00:38:15,087
How long has it been since Christian died?
612
00:38:15,453 --> 00:38:16,960
It's been four years now.
613
00:38:19,084 --> 00:38:20,307
Well, what about you?
614
00:38:20,638 --> 00:38:21,933
Do you have a girlfriend?
615
00:38:22,284 --> 00:38:23,942
No, nothing like that.
616
00:38:24,724 --> 00:38:26,472
I have never...
617
00:38:27,245 --> 00:38:30,137
I met someone,
but I don't know what will come out of there.
618
00:38:33,172 --> 00:38:35,462
I had a girlfriend...
619
00:38:35,486 --> 00:38:38,887
and we were together 3 years and 9 months,
620
00:38:39,606 --> 00:38:41,791
but I found out that I had...
621
00:38:42,047 --> 00:38:45,046
several relationships and I was one more.
622
00:38:47,367 --> 00:38:49,124
- That's not right.
- No.
623
00:38:50,647 --> 00:38:52,004
- Here you go.
- Thank you.
624
00:38:53,328 --> 00:38:54,944
- Thank you, hello.
- Hello.
625
00:38:54,968 --> 00:38:56,330
- Health.
- Health.
626
00:38:59,368 --> 00:39:04,131
It is incredible that the shareholders
foreigners can choose...
627
00:39:04,155 --> 00:39:06,665
hide from the Tax Agency.
628
00:39:06,689 --> 00:39:09,329
When a person receives their payroll,
629
00:39:09,398 --> 00:39:14,752
your name and ID are transferred
automatically to the authorities,
630
00:39:14,776 --> 00:39:17,009
but when you profit from actions�
631
00:39:17,040 --> 00:39:21,275
NOVEMBER
632
00:39:26,252 --> 00:39:27,677
Here you are.
633
00:39:28,103 --> 00:39:30,265
I just spoke with Köhler.
634
00:39:30,452 --> 00:39:32,748
The refund has arrived in your account.
635
00:39:32,772 --> 00:39:36,509
From the treasury.
Sincerely, the Tax Agency.
636
00:39:36,533 --> 00:39:39,710
- Has it worked?
- Sure, we calculated it in advance.
637
00:39:39,734 --> 00:39:41,140
It's incredible.
638
00:39:41,973 --> 00:39:45,363
- Brilliant. And now?
- Now, what?
639
00:39:45,654 --> 00:39:47,630
We've been waiting for six months.
640
00:39:47,654 --> 00:39:50,539
Do you think we are going
to go whoring and order champagne?
641
00:39:50,563 --> 00:39:52,389
Where do you live? There is no time.
642
00:39:52,414 --> 00:39:55,107
Has something worked
and now we have to expand it.
643
00:39:56,069 --> 00:39:58,037
Do you have an account in Switzerland?
644
00:39:58,102 --> 00:39:59,222
No.
645
00:39:59,372 --> 00:40:02,891
Open one at Kilchberger Bank,
They are discreet.
646
00:40:02,916 --> 00:40:04,299
Get rid of them for me.
647
00:40:06,176 --> 00:40:08,489
273,000 euros.
648
00:40:08,513 --> 00:40:12,058
not bad
for a lawyer in his second year.
649
00:40:12,233 --> 00:40:13,412
TRUE.
650
00:40:13,975 --> 00:40:15,550
I have something else for you.
651
00:40:16,944 --> 00:40:18,256
Be careful.
652
00:40:20,658 --> 00:40:22,178
It is fragile.
653
00:40:28,899 --> 00:40:30,301
It's Roman.
654
00:40:31,139 --> 00:40:33,192
From the 1st century AD. c.
655
00:40:33,699 --> 00:40:36,736
This bottle is already 2,000 years old.
656
00:40:38,140 --> 00:40:40,973
so that you remember
what is our role.
657
00:40:41,411 --> 00:40:43,293
We invented the bottle.
658
00:40:47,101 --> 00:40:49,927
I don't really know what to say.
659
00:40:51,942 --> 00:40:54,054
Can I ask you something?
660
00:40:54,295 --> 00:40:57,826
�You went to a store looking for
a suit that would make a good impression,
661
00:40:57,850 --> 00:40:59,782
What will fit your budget?
662
00:41:00,543 --> 00:41:03,999
- No, no, I�
- Buy something decent.
663
00:41:04,023 --> 00:41:07,398
As a lawyer,
You represent something more than yourself.
664
00:41:07,863 --> 00:41:09,080
Yes.
665
00:41:09,111 --> 00:41:10,293
Clear.
666
00:41:23,018 --> 00:41:24,198
Hello, Inger.
667
00:41:24,256 --> 00:41:27,235
- Hello.
- I wanted to show you something:
668
00:41:27,316 --> 00:41:29,197
the new motto of the ministry.
669
00:41:30,362 --> 00:41:33,022
More service, less control.
670
00:41:33,226 --> 00:41:35,723
The motto "More service, less control"
671
00:41:35,747 --> 00:41:38,945
process era
of digitization that you initiated.
672
00:41:38,969 --> 00:41:40,119
Yes, that's right.
673
00:41:40,175 --> 00:41:43,608
DANISH NATIONAL TAX ARCHIVE
674
00:41:48,548 --> 00:41:49,668
Hey!
675
00:41:51,706 --> 00:41:52,826
Hey!
676
00:41:54,054 --> 00:41:55,673
But what are they doing?
677
00:41:55,697 --> 00:41:58,675
We are destroying the files.
678
00:41:58,699 --> 00:42:02,246
What? No. That's evidence right there.
679
00:42:02,270 --> 00:42:05,540
- I ask you to stop immediately.
- I'm just doing my job.
680
00:42:05,564 --> 00:42:07,770
- No, stop
- Move away, please.
681
00:42:13,591 --> 00:42:17,648
- At what point is it?
- I think we are in a very good point.
682
00:42:17,672 --> 00:42:22,471
We are in the lead
thanks to digitalization...
683
00:42:22,495 --> 00:42:25,631
and I feel very safe.
684
00:42:25,811 --> 00:42:28,229
The system was not the problem,
685
00:42:28,253 --> 00:42:32,513
but incompetence
of officials.
686
00:42:32,537 --> 00:42:34,150
His hands were tied,
687
00:42:34,195 --> 00:42:37,344
The guidelines came from above.
688
00:42:38,234 --> 00:42:39,802
So
689
00:42:40,743 --> 00:42:43,664
MINISTRY OF FINANCE
BERLIN
690
00:42:46,475 --> 00:42:49,883
Excuse me, Mr. Secretary of State,
this has nothing to do...
691
00:42:49,908 --> 00:42:52,797
with tax evasion,
This is plain and simple theft.
692
00:42:52,822 --> 00:42:55,624
We have to make these people...
693
00:42:55,649 --> 00:42:59,783
be accountable,
treat them as what they are:
694
00:43:01,237 --> 00:43:02,402
criminals.
695
00:43:12,392 --> 00:43:20,392
Ripping, Syncing and Editing
by Maurybp