France Ups the Pressure on Non-Cooperative States Over Exchange of Information


Antoine Vergnat and Emilie Renaud wrote this bylined article on increased French tax scrutiny regarding non-cooperative states and territories (NCST), which are not EU members and have not concluded treaties with France and other nations to provide administrative assistance in tax matters. “The French tax rules regarding NCSTs are designed to discourage taxpayers from doing transactions with those jurisdictions,” the authors wrote, which means that “international groups and private-equity funds should examine their structures to see if any measures related to this year’s list of such jurisdictions will affect them.” Read the full article