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to collect taxes, Christian IV of Denmark asked captains of ships crossing the Øresund to estimate the value of their cargo, which was applied as the tax base without further audit. But the king also claimed the right to buy the entire cargo at exactly that price.

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Fun Fact: to collect taxes, Christian IV of Denmark asked captains of ships crossing the Øresund to estimate the value of their cargo, which was applied as the tax base without further audit. But the king also claimed the right to buy the entire cargo at exactly that price.

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sciencedirect.com

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