Tag: Deutsche Post

Deutsche Post in tax shock

The German postal company has avoided paying value-added tax (VAT) amounting to $800-million for 1998 and 1999 prior to its stock market listing in 2000, a member of parliament has charged.
The accusation from Free Democrat Party member Juergen Koppelin is based on a confidential memo from the federal audit office and follows the launch of Deutsche Post on the stock market at the end of 2000.

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Deutsche Post to take 72% DHL stake early 2002

Deutsche Post is expect.ed to raise its stake in DHL Worldwide Express to 72 percent early in 2002, DIlL Iiiternational (UK) Ltd managing director David Coles said.
Deutsche Post has a 46.3 percent shareholding, which will rise to 51 percent and then to 72 percent over quickly next year, he told journalists.

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