Legal consequences for tax expert at the Federal Ministry of Finance - scandal or trivial offense?

Legal consequences for tax expert at the Federal Ministry of Finance - scandal or trivial offense?

According to a report by www.badische-zeitung.de, a tax expert from the Federal Ministry of Finance revealed tax tricks for wealthy people at events. According to the ZDF report, Gerda Hofmann, who heads the inheritance, gift, wealth, property and real estate transfer tax department at the Federal Ministry of Finance, gave tips on tax avoidance at an event organized by the law firm Flick Gocke Schaumburg (FGS) in June. The Federal Ministry of Finance is now examining “employment law consequences” against Hofmann.

It is known that Hofmann did not speak in an “official capacity” at the FGS event for advisors to the rich and entrepreneurs. Nevertheless, she shared exclusive knowledge and revealed tax breaks and tax avoidance tips. Hofmann has also appeared at similar events in the past, which revolved around the “management of private assets” and “planning for the rich and super-rich to move to Great Britain”.

It is still uncertain whether there will be any legal consequences for Hofmann. Finance Minister Lindner could first have it checked whether Hofmann's appearances were approved by superiors. In general, the hurdles are high before civil servants can be demoted or dismissed. A “disciplinary offense” occurs when civil servants “culpably violate their duties.”

These revelations could have far-reaching implications for trust in the financial industry and the tax code. The behavior of officials like Hofmann could undermine citizens' trust in the integrity and objectivity of financial experts. It could also lead to increased regulation and supervision of accountants and financial professionals to avoid conflicts of interest and restore trust in the industry. This issue will continue to concern the public and the financial industry.