RegulationCorporate GovernanceFrance and Britain to sanction tax havens

France and Britain to sanction tax havens

Leaders pledge to stamp out tax haven abuse

The leaders of Britain and France have issued a joint warning that tax havens
will face sanctions from March 2010.

At a Franco-British Summit both prime minister Gordon Brown and president
Nicolas Sarkozy said countries acting as tax havens to evaders would face
sanctions.

‘The writing is on the wall for tax havens wherever they may be,’ said Brown.
‘Tax transparency, full exchange of tax information and reducing tax avoidance
are crucial for the health of the global economy.’

Further reading:

Read
Associated Press’ story

Related Articles

What is the role of governance, compliance, and control in financial transformation?

Corporate Governance What is the role of governance, compliance, and control in financial transformation?

1m Workday | Sponsored
Corporate governance: staying ahead in accountancy

Corporate Governance Corporate governance: staying ahead in accountancy

9m Alia Shoaib, Reporter
One in 20 audit firms quit as market evolves

Audit One in 20 audit firms quit as market evolves

2y Kevin Reed, Writer
Colin: #EURef bankers a problem

Business Regulation Colin: #EURef bankers a problem

2y Taking Stock
PwC and Deloitte chiefs sign Remain letter

Business Regulation PwC and Deloitte chiefs sign Remain letter

2y Kevin Reed, Writer
Leader: Audit competition drives change, not necessarily quality

Accounting Firms Leader: Audit competition drives change, not necessarily quality

2y Kevin Reed, Writer
EU audit reform to open up £10bn market for firms

Accounting Firms EU audit reform to open up £10bn market for firms

2y Richard Crump, Writer
Best Practice: Saffery Champness managing partner Rob Elliott

Accounting Firms Best Practice: Saffery Champness managing partner Rob Elliott

2y Calum Fuller, Reporter