Sunday, August 30, 2009

After the US and India, France now goes after tax suspects in Swiss banks...

France has received a list of 3,000 French taxpayers with bank accounts in Switzerland as part of a double taxation agreement signed between the two countries last week, according to a report in a French newspaper Sunday.

French Budget Minister Eric Woerth was quoted in the weekly Journal du Dimanche as saying the accounts contained some euro3 billion ($4.3 billion), "some of which is very likely linked to tax evasion."
Woerth called on the account holders to come forward and bring their tax affairs in order by the end of the year. He ruled out an amnesty for tax evaders. "That would be an indefensible injustice," he said according to the interview published on the paper's Web site. Full story...

Don't miss:
  1. After the US, India now seeks information about Indian clients in Swiss banks...
  2. Switzerland to pass 4,450 UBS account details to US...
  3. Swiss govt. steps in to prevent UBS from revealing US clients' data...
  4. The end of Swiss bank secrecy...

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