Cum-cum refers to when shareholders transfer stock for a short period to investors based abroad to avoid a dividend tax
France’s financial prosecutor raided some of France’s biggest banks, including Societe Generale and BNP Paribas, as part of a probe into tax fraud and money laundering related to dividend payments.
HSBC Holdings, Natixis and BNP’s Exane unit are also being searched as part of the investigation, according to the prosecutors office in Paris. Preliminary investigations related to the raids were opened in December 2021, the prosecutor said...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH | French company has found a cutting-edge way to recycle EV batteries | BusinessAs the whole of Europe moves towards the energy transition, French mining group Eramet is developing techniques to recycle critical metals used in electric cars. | News24_Business
Read more »
French PM reaches out to opposition ahead of next day of protestsFrench Prime Minister Elisabeth Borne told AFP Sunday she would meet opposition leaders early next month and was open to talks with unions, after weeks of protests against pensions reforms.
Read more »
Sharks lose speedy winger to French club Lyon | SportSharks winger Thaakir Abrahams has signed a two-year contract with Lyon, the French club confirmed on Monday. | Sport24news
Read more »
Burkina Faso Suspends French Media Over Interview With Al-QaedaEarlier this month, France 24 held an on-air discussion about an exclusive interview they conducted with the Algerian Abu Obeida Youssef al-Aanabi, the leader of the group Al-Qaeda in the Islamic Maghreb (AQIM). Wassim Nasr, the journalist who did the interview, told the Associated Press news agency that the TV station had decided not to broadcast it. Burkina Faso's Communication Minister Jean-Emmanuel Ouedraogo, said that by interviewing the head of the Islamist group, "France 24 is not only acting as a mouthpiece for these terrorists but worse, it is providing a space for the legitimization of terrorist actions and hate speech." France 24 slammed the government's accusations as outrageous and defamatory. "The management of France 24 condemns this decision and disputes the baseless accusations calling into question the channel's professionalism," the news station said. In December 2022, Radio France Internationale (RFI) was also suspended on accusations of sending a "message of intimidation" attributed to a terrorist chief. RFI and France 24 have also been suspended by neighbouring Mali, which is also under military rule.
Read more »
Champions and Challenge Cup competitions back with a bang | The Citizen🏈The Champions and Challenge Cup competitions are back 🙌 and all 5 of SA's teams made it into the knockouts, making for an action-packed weekend with games across SA and Europe. ChallengesCup RugbyNews TheCitizenSport Read more.
Read more »
Sharks suffer new loss as Abrahams heads to LyonWing signs a two-year deal with the French side and will join them in July
Read more »