Lately, the IRS is warning offshore account holders to disclose before it’s too late. Under FATCA, banks everywhere want to know if you are compliant with the IRS. And the cost of compliance for many people is growing. The IRS updated its list of foreign banks where accounts trigger a… – Continue reading
The French bank Credit Agricole will pay US regulators $787 million for flagrant violations of international sanctions against Iran, Sudan, and other countries. While it almost isn’t news anymore that a global bank got caught violating the law and will pay a giant fine to make up for it, we… – Continue reading
The taxes of large French companies grew 1% in 2014 globally. Concerned about their reputation, they are more cautious on tax optimization. Total, BNP Paribas and Credit Agricole, the leading trio of CAC 40 companies who have scored more tax in 2014 globally, according to calculations by PwC Law Firm… – Continue reading
