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Hollande Calls for the "Eradication" of Tax Havens

French President Francois Hollande has called for "eradication" of the world's tax havens and told French banks they must declare all of their subsidiaries.

He was speaking after presenting a draft law aimed at "moralising" French public life - a response to the tax scandal that has shaken his presidency.

France's ex-Budget Minister Jerome Cahuzac has been charged with fraud over a secret Swiss bank account.

Source: BBC. Read full article. (link)

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  • Thane of Whiterun||

    "I won't hesitate to consider as a tax haven any country that refuses to co-operate fully with France."

    Well, it's good to know France has abandoned its old imperialist ways.

  • Sevo||

    Hollande; taking lessons from Lil' Kim.