Baugur Tax Case at European Court of Human Rights Skip to content

Baugur Tax Case at European Court of Human Rights

The European Court of Human Rights (ECtHR) has decided to hear the case of Iceland against Jón Ásgeir Jóhannesson, Kristín Jóhannesdóttir and Tryggvi Jónsson, who were given a suspended prison sentence in February for tax violations in the operation of investment companies Baugur Group and Gaumur.

european_court_of_human_rights_wikiThe European Court of Human Rights. Photo. Wikipedia.

This was maintained in a press release issued by Gestur Jónsson, Jón Ásgeir’s lawyer, yesterday evening, visir.is reports.

Jón Ásgeir and Tryggvi, along with Gaumur, filed their case to the ECtHR as they believed that the sentence was in violation of the principle on prohibition of a repeated trial given that Icelandic tax authorities had many years earlier fined them for the same tax violations for which they were convicted.

The ECtHR has now sent a letter to the Government of Iceland where Icelandic authorities are given an opportunity to make remarks to the charge. They have until September 26, 2013, to respond to the letter.

Gestur stated that if the ECtHR accepts the complainants’ arguments, it would have “obvious extensive consequences in this country,” as a number of taxation cases are currently in court where the people charged have already been punished by the authorities.

“It is hardly sensible to continue these cases when the ECtHR is hearing a case concerning the Icelandic penal system on taxation,” Gestur added.

If proven that the system is at odds with the European Convention on Human Rights it is to be expected that a number of taxation cases will be appealed, leading to repayments and damages, Gestur reasoned.

Related:

08.02.2013 | Jón Ásgeir Fined ISK 62 Million in Baugur Case

ESA

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