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Deutsche Bank’s 2019 deferred tax asset disclosure scrutinized by German regulator BaFin
Deutsche Bank’s 2019 deferred tax asset disclosure scrutinized by German regulator BaFin
  • BaFin found €2.076 billion in deferred tax assets were not properly disclosed by Deutsche Bank in 2019.
  • The omissions violated International Accounting Standards, highlighting the importance of adherence to rules.
  • Deutsche Bank’s shares dropped by 0.9% following BaFin’s announcement.
July 16, 2024

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