Category: France

Swiss Federal Council To Renegotiate French IHT Deal

The Committee for Economic Affairs and Taxation (CEAT) of the Swiss Council of States has unanimously agreed to return to the Federal Council for renegotiation the bilateral agreement concluded with France, aimed at preventing double taxation with respect to inheritance tax (IHT). The CEAT committee has specifically tasked the Government… – Continue reading

A Solution for Corporate Tax Avoidance

Some three hundred years ago Sir Walter Scott asked, “Breathes there a man with soul so dead who never to himself hath said, This is my own, my native land.” Well, in America corporations are legally deemed  “persons,” so the answer to Scott’s question is “Yes,” at least when it… – Continue reading

Russians Return to Cyprus, a Favorite Tax Haven

NICOSIA, Cyprus — When the Cypriot government forced bank depositors — many of them Russian — to pay their share of an international bailout last spring, Vasilis Zertalis’s phone started ringing. The companies his consultancy helps incorporate on this breezy Mediterranean island — many of them Russian, too — wanted… – Continue reading

Labor demands tax action on transfer pricing

The Federal Labor Party has demanded the Government bring Australia’s international taxation regulations into line to deal with multinationals such as Apple and Google, which are siphoning billions of dollars of revenue out of Australia while paying only small amounts of local tax. In a statement issued this morning, Shadow… – Continue reading

New research makes it plain that Ireland is a tax haven

Is Ireland a tax haven? The Irish government bristles at the question, given rising interest in cracking down on offshore financial centers, but research from a Trinity College professor is pretty definitive: Yes, it is. When Ireland’s leaders defend their country from accusations that global companies like Apple use Irish… – Continue reading

Ireland in spotlight over multinationals

When Taoiseach Enda Kenny was grilled over Ireland’s low tax regime for multinationals on a visit to Paris last week, he fell back on a familiar defence. By now it’s a regular refrain – Ireland’s corporate taxes are crystal clear and transparent. Ours, he added, is a statute-based system which… – Continue reading

France will not tolerate tax avoidance, says Francois Hollande

France will not tolerate tax avoidance, says Francois Hollande French president Francois Hollande says that “everyone must be in the same competitive situation” French president Francois Hollande speaks during a press conference to present his 2014 policy plans at the Elysee presidential palace. Francois Hollande is making a state visit… – Continue reading