OrbitaxOrbitax

France to Close Tax Regularization Program end of 2017

|Approved Changes|France
France

In a recent interview published in the French publication Libération, France's Minister of Public Action and Accounts Gérald Darmanin announced that the country's tax regularization program will be closed on 31 December 2017. The program was first introduced in 2013 and provides for reduced penalty rates on disclosed assets ({News-2016-09-23/A/4-previous coverage}). The primary reason for the …

Continue Reading