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Coronavirus: no support for companies with headquarters in tax havens

2020-04-23T09:19:24.179Z


Bruno Le Maire also said on Thursday that he wanted all businesses, restaurants and bars apart, to be able to reopen on 11


Finance Minister Bruno Le Maire announced Thursday that France would not provide aid to deal with the coronavirus crisis to companies based or having subsidiaries in tax havens. "It goes without saying that if a company has its tax headquarters or subsidiaries in a tax haven, I want to say with great force, it will not be able to benefit from state cash aid," he said. asserted on France Info.

“There are rules that must be followed. If you have benefited from the state treasury, you cannot pay dividends and you cannot buy back shares, "he said. "And if your head office is located in a tax haven, it is obvious that you cannot benefit from public support," insisted the minister, following the example of other countries like Denmark.

On Wednesday, when examining the amending finance bill, the senators adopted an amendment by the communist group excluding support for companies registered in tax havens.

đźš© # JusticeFiscale: adoption of our amendment
👉with @EricBocquet and @senateursCRCE we obtained the ban on state financial aid to companies with subsidiaries in #paradisfiscaux: a new step towards the fight against tax evasion! ✊⤵️ pic.twitter.com/JLgeQqmBVr

- Pascal Savoldelli (@ PSavoldelli94) April 22, 2020

No recovery date for restoration

During the same interview on France Info, the Minister of the Economy returned to deconfinement. "We want all businesses to be able to reopen on May 11, as a matter of equity, I simply leave aside the restaurants, bars and cafes that will be subject to specific treatment," he explained. .

Regarding catering, "nothing would be worse for this profession than to reopen in a hurry". "It would be the worst method in this area," says Bruno Le Maire. While the date of June 15 is mentioned in the press, the Minister does not confirm: "No date has been set. "

Should regional disparities be taken into account when leaving containment? “It's a health assessment that will have to be done. The situation is not the same in New Aquitaine where there have been fewer cases of Covid or in Ile-de-France where the virus circulates a lot. It will be up to the health authorities to make recommendations to us. "

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VIDEO. McDonald's: endless lines of cars for the reopening of "drives"

Source: leparis

All business articles on 2020-04-23

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