Arab Today, arab today france warns austria to help fight tax fraud
Last Updated : GMT 11:19:03
Arab Today, arab today
Arab Today, arab today

France warns Austria to help fight tax fraud

Arab Today, arab today

Arab Today, arab today France warns Austria to help fight tax fraud

Paris - AFP

France turned up the heat on Austria Thursday, with French Budget Minister Bernard Cazeneuve saying that it could be placed on a French list of non-cooperative countries if lawmakers do not agree to an automatic exchange of information aimed at combating tax evasion. Cazeneuve told the state-owned radio France Info: \"It is not normal that countries like Austria for example do not communicate information they have regarding European Union citizens who have accounts there. \"If these countries do not cooperate, if there is not a convention covering an information exchange that allows for total transparency within the European Union, these countries run the risk of being on the list of non-cooperative states and territories,\" Cazeneuve said. Austria is the last EU member to resist lifting bank secrecy policies, after Luxembourg said Wednesday that it would implement rules allowing for the exchange of account information starting in 2015. Cazeneuve was named French budget minister on March 19 to replace Jerome Cahuzac, who resigned as it emerged that he had maintained a non-declared bank account in Switzerland. On Wednesday, President Francois Hollande unveiled a series of proposals aimed at reinforcing transparency in the banking sector and said that France would establish a list each year of tax havens. Austrian Chancellor Werner Faymann huffed his country has no need for \"unsolicited advice from the outside\" in comments to appear in Friday\'s edition of the daily Kurier. \"We will find a solution concerning the exchange of data,\" he reassured the daily. \"We must put fighting tax evasion at the top\" of our priorities. A French list of non-cooperative countries and territories (NCST) has in fact existed since 2010, and its latest update in April 2012 contained eight names, down from 18 in the original version. At present, Botswana, Brunei, Guatemala, the Marshall Islands, Montserrat, Nauru, Niue and the Philippines are considered by Paris to be uncooperative in the fight against tax fraud. Leading European countries have called meanwhile for a continental version of the US Foreign Account Tax Compliance Act (FATCA), which obliges foreign countries to reveal information on the investments and revenues of US citizens abroad.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france warns austria to help fight tax fraud Arab Today, arab today france warns austria to help fight tax fraud

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 16:23 2017 Sunday ,19 February

Global energy news

GMT 16:05 2017 Sunday ,19 February

Trudeau calls for wider social benefit from economy

GMT 05:57 2017 Sunday ,19 February

How do you say déjà vu in Greek?

GMT 05:26 2017 Sunday ,19 February

US natural gas market tightens

GMT 05:06 2017 Sunday ,19 February

Merkel: Euro is too low for Germany

GMT 04:58 2017 Sunday ,19 February

Swedish PM: Brexit deal in 2 years is unlikely
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday