French bank BNP Paribas loses £35m UK tax case

French bank BNP Paribas loses £35m UK tax case

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…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe

Related Posts