French bank BNP Paribas loses £35m UK tax case

by | September 9, 2017 11:32 am

French bank BNP Paribas has lost a case in the UK which has seen it pay back £35m in tax. A tribunal ruled in favour of HMRC, which said the bank tried to use a tax avoidance scheme involving share dividends. BNP Paribas said it “respects the decision” and had paid the tax in full before the…

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