tax evaded? – Grasser is back in court in Vienna today

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One and a half years after the non-binding convictions in the Causen Buwog and Terminal Tower Linz, ex-Finance Minister Karl-Heinz Grasser is back in court today, Monday. This time it’s about the tax evasion accusation from his time as a manager at Meinl Power Management. Grasser denies all allegations. For now, eight days of negotiations are scheduled.

Judge Michael Tolstiuk, who has already presided over several major economic criminal cases, will chair the presidency. And the two senior prosecutors Gerald Denk and Alexander Marchart already represented the prosecution in the Buwog trial.

Grasser’s ex-tax consultant must also answer himself
In addition to Grasser, his then-tax adviser, who is accused of creating a cover-up – which he denies – has to answer as another defendant.

The tax reduction caused should amount to approximately 2.2 million euros
The allegation in the tax criminal case is that Grasser did not declare millions of commissions from his activities for Meinl Power Management in his income tax return and that he paid too little tax. According to the indictment, the tax cut caused is about 2.2 million euros. The range of penalties provides for a fine of up to twice as much, and a jail term of up to two years can also be imposed.

Source: Krone

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