UPDATE 1-Denmark fines German bank $16 million in dividend tax scam <!-- no image --> <div>Germany's North Channel Bank has been fined 110 million Danish crowns ($16.2 million) by a court in Denmark for its involvement in a dividend stripping scheme.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=OoIUacABNGg:kRZ8wFezZdg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=OoIUacABNGg:kRZ8wFezZdg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=OoIUacABNGg:kRZ8wFezZdg:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=OoIUacABNGg:kRZ8wFezZdg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=OoIUacABNGg:kRZ8wFezZdg:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/OoIUacABNGg" height="1" width="1" alt=""></div> Posted by Reuters