02 May 2016

France proposes to make public its register of beneficial owners of trusts

France's Finance Minister presented a set of 13 proposals on April 11, that will be presented by France during the upcoming G20 Summit and International Monetary Fund meetings in Washington DC. These proposals are in response to the "Panama papers" revelations, and represent France's intention to be at the forefront of the fight against all forms of tax fraud, tax evasion and aggressive tax planning.

A Tax Alert prepared by Ernst & Young France, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-0788

Document ID: 2016-0788