FranceThe Panama and Paradise Papers brought taxpayers nearly $200 million
Press revelations about a foreign investment scandal helped the French government recover the sum, an Economy Ministry document revealed on Monday.
Press revelations on the Panama Papers and the Paradise Papers on foreign investments have helped French tax authorities collect almost 200 million euros, we learned from the Ministry of Economy on Monday.
“Including formalization and control, the results of the actions carried out by the Directorate of Public Finance in relation to the Panama Papers amounted to 176.7 million euros for 198 files”, establishes an internal document that states that these figures are not final.
For Pandora documents, the amount is not yet encrypted
In April 2016, the International Consortium of Investigative Journalists (ICIJ) disclosed that more than 11.5 million confidential documents were discovered from Panamanian commercial law firm Mossack Fonseca.
In November 2017 and February 2018, the ICIJ released the Paradise Papers, based on Appleby company documents. As for the Pandora documents, the revelations are so recent that the sum has not yet been encrypted. The complaints have been filed as part of investigations into Dubai.
The National Fiscal Prosecutor’s Office last week gave French taxpayers until April 30 to come forward, failing which criminal proceedings would be launched against them. The UAE-based company is suspected to be at the center of a vast tax evasion scheme operating since the early 2000s.
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