France moves towards country-by-country reporting for its banks

Posted on

From Paris, courtesy of Christian Chavagneux and Mathilde Dupré:

"Last night the Finance Commission of the French Assembly voted to force French banks to publish their turnover and the number of people employed on a country by country basis. MPs couldn't get an agreement to add profits and tax.

The plenary vote will start on Feb 12 and I guess the banks will mobilize. But if it holds I guess it will be a world première for the banking sector.

That is very good news. This link (in French) provides more details.

NB: reposted from Tax Justice Network with permission


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here:

  • Richard Murphy

    Read more about me

  • Support This Site

    If you like what I do please support me on Ko-fi using credit or debit card or PayPal

  • Archives

  • Categories

  • Taxing wealth report 2024

  • Newsletter signup

    Get a daily email of my blog posts.

    Please wait...

    Thank you for sign up!

  • Podcast

  • Follow me

    LinkedIn

    LinkedIn

    Mastodon

    @RichardJMurphy

    BlueSky

    @richardjmurphy.bsky.social