The Dutch authorities said on Thursday that they imposed a total fine of 101 million euros ($117.10 million) on two Morgan Stanley subsidiaries in London and Amsterdam for profit tax evasion.
Dutch Authorities Fine Morgan Stanley $117M for Tax Evasion
Dutch authorities fined two Morgan Stanley subsidiaries in London and Amsterdam a total of 101 million euros for profit tax evasion. The case is one of the largest tax-related penalties in Europe.
