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Business News » World News

France to name and shame worst cases of tax fraud - PM

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Updated: Wed, Jan 31, 2018
11:19 pm
Reuters
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The French government plans to name and shame people guilty of the worst cases of tax fraud as part of a broader crackdown on tax evasion, Prime Minister Edouard Philippe said on Wednesday.

Philippe said the tougher measures were particularly necessary as his government intended to cut business and household taxes.

"For grave offences, the French must know who is trying to absolve themselves of their legitimate tax obligations," Philippe said during a question and answer session in the lower house of parliament.

He said tax advisers who help clients break the law would also be punished and tax authorities would receive more material and legal resources to identify cases of fraud.

France has not had a tradition of naming and shaming individuals and companies.

But the government last year started publishing the names of firms it said were not meeting gender equality obligations - fulfilling a promise by President Emmanuel Macron during last year`s election campaign.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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