Strauss-Kahn must pay 75,000 euros in back taxes: Luxembourg court

Luxembourg's administrative court on Tuesday rejected an appeal by former IMF chief Dominique Strauss-Kahn, confirming his obligation to pay 75,000 euros in back taxes from a now-bankrupt investment firm he once chaired.

The former French economy minister was targeted by the Luxembourg tax authorities following the collapse of Paris-listed Leyne Strauss-Kahn and Partners (LSK) where he served as chairman of the board between September 2013 and October 2014.

"The fact that Mr Strauss-Kahn was a director of LSK does not exonerate him from personal responsibility," the court said in a statement released on Tuesday, summarising a ruling handed down on November 2.

"A director, as a representative of a company, and who acts in lieu of it, must ensure the fulfilment of the financial obligations of the legal entity that he represents," the judge wrote.

Through his Luxembourg lawyer Andre Lutgen, DSK had argued last month that he "did not have any managerial function" within the company.

But the judge dismissed his argument and upheld his obligation to pay 74,792.40 euros in withheld taxes from 2014. The figure also includes interest.