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.
The idea sounds so good, simple and obvious, it is odd that no-one thought of it before. Yet until ten years ago the overnight palletised goods networks did not exist. Now the networks are some of the fastest growing parts of the haulage market, and the daddy of them all, Palletline, Is celebrating its 10th birthday.
Read MorePostcomm and Postal services – The risks and opportunities
Read MoreDecember 4 2001. La Poste has ceded majority control of Chronopost Express Espana to Correos y Telegrafos Up to now it was a joint venture.
Read MoreA ballot of 140,000 postmen and women will go ahead on Wednesday after talks aimed at averting a national strike ended without agreement.
The Communication Workers Union said no progress was made at a meeting with managers from postal group Consignia, held under the chairmanship of the conciliation service Acas on Tuesday.
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