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Dutch prosecutor fines Morgan Stanley 101 million euros for tax evasion

AMSTERDAM (Reuters) -The Dutch Public Prosecutor (OM) has imposed ​a total fine of 101 million euros ‌($117.10 million) on two Morgan Stanley entities ‌in London and Amsterdam for dividend tax evasion, it said on Thursday. The penalty is separate from the tax liability Morgan Stanley settled with the ⁠Dutch Tax Administration ‌at the end of 2024, including accrued interest, the OM added. Under ‍Dutch law, domestic shareholders can reclaim or offset dividend taxes, but foreign recipients usually cannot. ​ ...