October 20, 2021

Five French banks declared profits of €45 million in the Cayman Islands, despite having no employees there.

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By Cécile Barbière | EurActiv.fr | Translated By Samuel White From EurActiv NGOs reveal extensive use of tax havens by French banks The public country-by-country reporting imposed by Paris on France’s big banks has revealed that they channel more than a third of their profits through countries with advantageous tax laws, a group of NGOs […]