CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. French Finance Commission Takes Tough Stance On 'Tax Havens'

French Finance Commission Takes Tough Stance On 'Tax Havens'

by Ulrika Lomas, Tax-News.com, Brussels

07 December 2009


An amendment to France’s 2010 budget, adopted recently by the National Assembly Finance Committee, stipulates that the removal of any jurisdiction from the country’s “black list of tax havens" will have to be approved.

The amendment demonstrates the determination of the committee to toughen existing measures contained in the country’s 2009 supplementary budget bill.

The supplementary budget provides for the annual publication from 2011 of a 'black list' of so-called “tax havens”: countries or jurisdictions deemed uncooperative in tax matters.

President of the Committee, Didier Migaud, welcomed the adoption of another amendment, also designed to crack down on 'tax havens' and tax crime, which provides for the introduction of a new fiscal judiciary procedure.

The supplementary budget, together with the recent amendments, are due to be examined in public session on December 9.


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »