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.
Companies: "There are obviously counterparts when you benefit from the State's treasury", says Bruno Le Maire, Minister of the Economy
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As in Denmark
“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.
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