The pop star, ex-husband of Charlotte Rampling, says plans for a music academy in London is not to escape taxes in France, where he continues to live.
Jérôme Cahuzac, the budget minister accused of having an undisclosed Swiss bank account until 2010, has withheld the truth surrounding the affair from the highest offices of state, Mediapart can reveal. Mediapart can disclose that the person who possesses the key recording on which Cahuzac (pictured) is heard discussing his bank account has himself approached the office of French President François Hollande to confirm it is genuine. Meanwhile email correspondence between the minister and friends shows that he himself does not deny the authenticity of the recording. And Mediapart can also reveal that the tax authorities have started to carry out thorough checks of the budget minister’s recent tax declarations, which appear to show numerous discrepancies. All of which, says Fabrice Arfi, is proof that Jérôme Cahuzac is in an untenable political situation.
Election of a socialist government was cited as main reason why French divisions of US businesses see country as less attactive to do business.
The budget minister and the Swiss bank account: why only an independent judicial investigation will do
Budget minister Jérôme Cahuzac has adopted a fresh strategy as he tries to defend himself against Mediapart's investigation that shows he had an undisclosed Swiss bank account until 2010. Cahuzac is trying to get the bank to waive its banking secrecy rules to confirm he held no such account – something the bank has so far refused to do. But as François Bonnet and Dan Israel point out, behind this apparent delaying tactic there is a clear conflict of interest between Cahuzac the budget minister and Cahuzac the private bank customer. Which is why, they argue, only an independent judicial investigation can get to the heart of the affair.
Actor claims he was "insulted" by critics for becoming a tax exile in Belgium and writes letter to prime minister renouncing his French passport.
For more than ten days budget minister Jérôme Cahuzac has either refused to comment or set up a media smokescreen over key elements of Mediapart's claim that he had a secret Swiss bank account until February 2010. So far the government has backed the minister, who has denied ever having such an account. Here Mediapart's editor François Bonnet details the five crucial points over which the minister still needs to respond, including the recorded conversation in which Cahuzac is clearly heard discussing the UBS bank account in Geneva.
Jean-Marc Ayrault attacks wealthy citizens fleeing France's punitive tax on high incomes as greedy profiteers seeking to "become even richer".
Leading actor Gérard Depardieu has set up his home in a Belgian town straddling the French border, a local mayor has confirmed.
French budget minister Jérôme Cahuzachas announced he is to sue Mediapart over its report that he held a secret Swiss bank account until 2010.
Claim against internet retailer is part of a wider French crackdown on multinational companies that channel profits through low-tax countries.
The actor, who has bought a home in Belgium, is latest rich Frenchman to flee his country and the wealth taxes levied by President Hollande.
Government may ease the impact of tax hikes in the 2013 budget after a chorus of complaints by French entrepreneurs, says finance minister.
Owners of startups form a group dubbed “Les Pigeons” - French slang for "suckers" - claiming they are the fall guys for France’s economic woes.
Government targets smokers to help pay off its debt mountain - latest price hike is expected to net an additional one billion euros in revenue.