Bercy suspected of introducing “breaches” into the regulation | EUROtoday

This needed to be the top of tax fraud which deprives France yearly from 1.5 to three billion euros of public cash. Parliament welcomed the 2025 finances voted on February 6, an efficient legislative system within the 2025 finances to place an finish to the “CUMCUM”, a follow which permits overseas shareholders of French firms to bypass dividends tax, because of the banks competing that’s remunerated in passing. At the forefront within the battle, the senators savor a unifying political vote – unanimously of the votes, uncommon – and a victory acquired in excessive wrestle towards the lobbying of the banks, supported to the top by the manager.
But that was to rely with out the main points supplied on the night time of April 16 to 17 by the Ministry of the Economy within the Official Public Finance Bulletin (Bofip): In this publication, which units the tax doctrine as soon as the legal guidelines handed, Bercy specifies that the brand new anti-fraud system doesn’t apply when operations “Intervene in a regulated market” and that “The payer establishment does not actually know its counterpart”.
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https://www.lemonde.fr/les-decodeurs/article/2025/04/23/fraude-cumcum-bercy-soupconne-d-introduire-des-breches-dans-la-loi_6599212_4355770.html