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| Europe | ||||
| France's President Hollande: Eradicate tax havens | ||||
| 2013-04-10 | ||||
| Looks like he's running out of other peoples money 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.
Mr Hollande said a new central agency would fight fraud and corruption.
Mr Cahuzac admitted last week that he had hidden about 600,000 euros (£509,000; $770,000) in a Swiss bank account, causing shock in France. He has now been expelled from the Socialist Party for lying about his financial affairs.
"I won't hesitate to consider as a tax haven any country that refuses to co-operate fully with France." He said French banks "will have to publish every year the full list of their subsidiaries in the world, country by country". They will also have to explain their business, he said. "In other words it won't be possible for a bank to hide transactions carried out in a tax haven." | ||||
| Posted by:tipper |
| #10 Amusingly the more of the world that commits marxist economic suicide, the more benefit one of them breaking ranks and being a Galt's Gulch becomes. Bring it on. |
| Posted by: Bright Pebbles 2013-04-10 22:05 |
| #9 We'll see more and more of this panic as the world economy stagnates and declines as countries age and don't have enough workers to support the system. |
| Posted by: DarthVader 2013-04-10 19:06 |
| #8 stand your ground for its too late the excise man is at the gates |
| Posted by: swksvolFF 2013-04-10 18:47 |
| #7 Maybe he should eradicate taxes on earnings instead? Tax things that the state actually produces... |
| Posted by: Bright Pebbles 2013-04-10 17:46 |
| #6 More central government is always the answer. In that way, the EU is a weird reflection of the Ummah, which believes that more Islam is always the answer. |
| Posted by: Dopey Sinatra9196 2013-04-10 17:44 |
| #5 One more step to OWG. There will be no place that is free from the omnipont, omniscient tax man. Any small country that wants to have a free banking system will be bought off from the top down. |
| Posted by: AlanC 2013-04-10 14:30 |
| #4 "France's ex-Budget Minister Jerome Cahuzac has been charged with fraud over a secret Swiss bank account. Mr Cahuzac admitted last week that he had hidden about 600,000 euros (£509,000; $770,000) in a Swiss bank account, causing Strange how these pols are always so far behind the curve, or....are they really ahead of the curve, and playing dumb because they reckon the populace is dumb? No mattet, cigars all round! |
| Posted by: Varmint Spawn of the Hemps6607 2013-04-10 13:17 |
| #3 Nations of people can easily be lead into allowing all kinds of evil. Germany, Japan, and Italy just prior to WWII. The Hollocaust, invading and pilforing, murder, rape of neighbor nations. The power that Kings and Presidents have over its people in leading them over the cliff by convencing them that "in the name of social good of the peoples" that stealing the wealth of other peoples and the murder of other people is justified is absolutely amazing. |
| Posted by: Bigfoot Sforza6821 2013-04-10 13:00 |
| #2 Some good news for Hollande. Francois Hollande's camel: Mali 'to replace eaten animal' An official says Mali is to send the French president a replacement camel after the first, given to him as a gift, was eaten, Reuters report Francois Hollande had left the creature with a family in Timbuktu for safekeeping, after it was presented to him by local residents in February. But it was promptly slaughtered and used in a tagine. France sent troops to Mali in January to regain the north from a loose coalition of militant Islamist groups.s. |
| Posted by: tipper 2013-04-10 12:53 |
| #1 "All your deposits are belong to us!" |
| Posted by: AlmostAnonymous5839 2013-04-10 11:58 |