French government scrutinising company executives’ tax affairs
01 Jan 2019

The French government is cracking down on business chiefs of companies listed in France to make sure they are paying their taxes in France, Budget Minister Gerald Darmanin said in a newspaper interview on Sunday.

President Emmanuel Macron had already signalled a hardening stance on corporate tax affairs in a December speech aimed at quelling unrest in France following weeks of sometimes violent protests over a perceived squeeze on household incomes.

“As the president has said, the heads of companies listed in France, or which count the French state as a shareholder, must under all circumstances be tax residents in France,” Darmanin told the Journal du Dimanche (JDD).

– By Sophie Louet and Sarah White, Reuters, 30 December 2018

Link to Reuters.

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