ORFEO
Encyclopedia
ORFEO is a German
classical record label
founded in 1979 and launched in 1982. It has released the archives of the Symphonieorchester des Bayerischen Rundfunks
. The record label was used by its owner F. Axel Merhle as a tax shelter
, which resulted in his prosecution for fraud
in December 1985.
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
classical record label
Record label
In the music industry, a record label is a brand and a trademark associated with the marketing of music recordings and music videos. Most commonly, a record label is the company that manages such brands and trademarks, coordinates the production, manufacture, distribution, marketing and promotion,...
founded in 1979 and launched in 1982. It has released the archives of the Symphonieorchester des Bayerischen Rundfunks
Bavarian Radio Symphony Orchestra
The Bavarian Radio Symphony Orchestra, in German Symphonieorchester des Bayerischen Rundfunks is the internationally renowned orchestra of the Bayerischer Rundfunk , based in Munich, Germany. It is one of the three principal orchestras in the city of Munich, along with the Munich Philharmonic...
. The record label was used by its owner F. Axel Merhle as a tax shelter
Tax shelter
Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments...
, which resulted in his prosecution for fraud
Fraud
In criminal law, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation...
in December 1985.