French curiosity grows for more efficient structures
March 04, 2011
Sophie Ashley - TPW
French companies are showing an increased interest in tax planning because of global competitiveness and the economic downturn, advisers have told TPWeek. This is having an effect on profit allocation. However, public opinion is making taxpayers think twice about using structures that are seen to avoid too much tax.
The appetite for planning is predominantly a result of globalisation where, notably, US companies are able to capitalise on the European market because they are inclined to apply more aggressive strategies.
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