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  • No third party should 'incite' violence: India, Pak can resolve Kashmir bilaterally: Macron
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  • FRANCE BACKS INDIA ON KASHMIR, SAYS NO THIRD PARTY SHOULD INTERFERE
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  • TO FIGHT CROSS BORDER TERROR, FRANCE HAS ALWAYS HELPED INDIA: PM MODI
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World


France to push for an end to all tax havens

Dubai, Feb 11 (UNI) France will work with the G7 countries to deliberate legislation to put an end to the existence of zero-tax havens around the world, according to the country's Minister of Economy and Finance, Bruno La Mer.

“Zero tax havens are unacceptable,” said La Mer in an impassioned speech at the 7th annual World Government Summit here.

France hosts the G7 presidency this year, and in meetings to be held in March, La Mer said President Emmanuel Macron would take the opportunity to push for a minimum corporate tax rate at economies around the world.

“We need an effective corporate tax because some companies are located in tax havens but operate subsidiaries in France thus circumventing any and all tax,” he said.

“France wants fair taxation of internet giants.

We can’t fund public goods without fair taxation of digital activities. And taxing SMEs cant make up for the richest companies in the world. So we hope to have a solution by March,” news portal ArabianBusiness quoted him as saying.

La Mer also added that France would continue to push for social reforms in its bid to position itself as Europe’s leading economy.

“We will remain determined to enact even more social reforms to make it a more attractive place for investment in Europe. We want to be Europe’s leader,” he said, acknowledging that France was facing “a social crisis at the moment” because of populist protests around the country in response to Macron’s implementation of social fiscal reforms.

UNI SRJ

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France has always stood by India in its fight against cross border terrorism: PM Modi

23 Aug 2019 | 1:09 AM

Paris, Aug 22 (UNI) Prime Minister Narendra Modi on Thursday said France has always stood by India to fight cross border terrorism and maintained that India-France friendship is essentially based on the three essential principles of liberty, equality and fraternity.

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Thushar Vellappally released on bail

22 Aug 2019 | 11:55 PM

Thiruvananthapuram, Aug 22 (UNI) Thushar Vellappally, president of Bharath Dharma Jana Sena (BDJS), the second largest ally of BJP-led NDA in Kerala, has been released on bail by a court in Ajman in UAE on Thursday.

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