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2,300 audits: France determined to fight tax evasion even at European level

byCustoms Today Report
11/02/2015
in Uncategorized
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PARIS: France’s prime minister says the country’s tax authorities have audited some 2,300 account holders named in once-secret papers that outlined how Britain’s HSBC bank helped the wealthy dodge taxes.

Manuel Valls told Europe 1 radio that the HSBC list, which has been in French authorities’ possession for years, helped tax authorities launch the audits, which led to 103 actions against “the most problematic cases.”

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Valls’ comments came after details of some 30,000 accounts with $120 billion of assets were analyzed by the French daily Le Monde, The Guardian in Britain, BBC and Washington-based Consortium of Investigative Journalists.

Valls said France is “very determined” to fight tax evasion and will continue to take action at home and at the European level.

Tags: tax

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