Tax & Accounting Blog

French Finance Minister Presents Proposals on Combating Tax Avoidance

French Finance Minister Presents Proposals on Combating Tax Avoidance

On April 11, 2016, the Minister of Finance and Public Accounts, Michel Sapin, issued a press release discussing the 13 proposals France presented at the recent G20 Summit and International Monetary Fund meetings in Washington, D.C. These proposals are in response to the “Panama Papers,” and confirm the country’s commitment to fight against … Read More

In the Shadow of the Panama Papers, US Seeks to Address Weaknesses in Financial Transparency

In the Shadow of the Panama Papers, US Seeks to Address Weaknesses in Financial Transparency

One month! On May 5, just 32 days after the Panama Papers leaked the identities of shareholders and directors of over 200,000 companies by the Panamanian law firm Mossack Fonesca, the White House signaled their intent to introduce regulations that would provide greater transparency and sharing of data. In a letter from the U.S. Secretary … Read More