Löger offers free Anti-fraud package: „fraud organized by the international tax Austria banish“

Löger: „This is a fight against organised fraud on the state for the protection of honest taxpayers and honest business.“

Vienna (OTS) – „tax revenues are now threatened by fraudsters, the organized, international, and digital. The fraud started with the VAT merry-go-round, Cum-Ex, money laundering and to fraud with e-Commerce, or crypto-currencies. The fraud pattern changes all the time. Especially if the fraud to the business model, we speak of organised crime. Not only crimes of violence but also in financial offences is totally unacceptable,“ said Finance Minister Hartwig Löger in the introduction at the press conference.

„I want to make sure that we banish the organised international tax fraud from our country and international companies Fraud on the part of Austria to keep“, said the Minister of Finance in the first presentation of the new „Anti-fraud package“. Löger said that he wanted to intensify the fight against organised fraud on the state for the protection of honest taxpayers and honest business. „Those who honestly pay their taxes, must not be Stupid. We can not allow cheaters to enrich themselves at the expense of honest taxpayers,“ Löger.

The Package Of Measures „Anti-Tax Fraud“

Ad-hoc Finance Minister, Hartwig Löger, brings all the anti-fraud units in one place; the „anti-fraud office“. A unit with more than 800 employees of tax police, financial police and the financial authorities. In the second quarter, the Minister of Finance will send a bill in review. From 01. January 2020 to accommodate the „office for anti-fraud“ to his work.

Finance Minister Hartwig Löger has also announced a panel of experts on „Anti-tax fraud“ to close until the summer, together with the Ministry of justice of scammers out took advantage of loopholes in the law. In addition, stricter laws to deter fraud. „The goal is that no scammers get away with this. Therefore, we want to, for example, the criminal liability for the deception of financial authorities in financial criminal law, can be used to quickly sanction,“ says Finance Minister Hartwig Löger.

„Penalties alone will not solve the Problem. Because punished just the same as is caught. To do that, we are now in a new technical way that allows us of the high degree of digitization of the Federal MINISTRY of Finance. Using „Predictive Analytics,“ we come from the answer to the origin question „What happened?“ to answer the question „What will happen?“. In the full expansion of this technology, we can even begin to Emerge of fraud, it did not go through and sanction. This is the kind of deterrence that brings with it a fraud to Think,“ announces Finance Minister Hartwig Löger the increased use of „Predictive Analytics Competence Center“ („PACC“) in the fight against tax fraud.

Report „Cum-Ex“

Finance Minister Hartwig Löger with the package of measures „Anti-tax fraud“ the right response to fraud patterns, such as „the Panama Papers,“ „the Paradise Papers“ or „Cum-Ex“. A BMF-style special team has completed a report, with the Details to „Cum-Ex“ worked up further. This has already been sent to the Procurator Financial, as well as to the Prosecutor’s office to examine the facts of the case and legal steps.

The Federal Ministry of Finance, press office
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