Matthias Kühn, a well-known German businessman and owner of Tagomago island, is under scrutiny by the Tax Agency for alleged tax fraud exceeding eleven million euros, linked to a complex network of shell companies designed to evade tax obligations on profits from real estate transactions. This investigation follows a house search conducted at his island residence last Tuesday, with Kühn present but refusing to surrender his computer passwords to officials. This incident is not Kühn’s first encounter with tax issues, having previously appeared on the list of tax defaulters. Meanwhile, in a separate legal matter, the Supreme Court ruled that the Balearic Government must compensate Kühn with 96 million euros for the declassification of the Muleta urbanization project in Port de Sóller, a decision stemming from a 2008 urban moratorium issued by the government that affected several planned developments. This ruling confirms the liability for compensation originally set by the High Court of Justice of the Balearic Islands. For the full article, please visit Diario de Ibiza website here.
Tax authorities raid Matthias Kühn’s home over €11 million fraud allegations
Related Content
Karaoke and live music this Sunday in Jesus Square
A plan for the whole family Fun&Trucks returns this Sunday, March 25, to the Plaza…
2024-03-21Amnesia Ibiza reveals opening date with these DJs in its lineup
The Amnesia Ibiza nightclub has already announced the opening date to inaugurate the 2024 season.…
2024-02-26Will there be an underground in Ibiza in 2025? Discover the powerful Ibiza Tube Map that could redefine the island
2025-09-22Fewer infections, fewer active cases and fewer covid hospitalisations in Ibiza
Fewer covid over the past 24 hours Microbiology detected one positive in Ibiza and another…
2021-05-27