Hollande Calls for the "Eradication" of Tax Havens
Demands French banks publish a list of their subsidiaries
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.
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
"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.
Hollande; taking lessons from Lil' Kim.