- As many as 34 million French taxpayers face a deadline today to declare their housing assets to the tax authority, according to French-language reports. Owners must declare whether the housing is primary, secondary, or vacant, and in some cases, who lives in the residence. The new requirement, created by a 2020 budget law, stems from the government’s reform of the residence tax to apply it to only secondary residences. The tax authority in June delayed the reporting deadline for a month after complaints the online form was confusing, even for its own officials. (Le Figaro Immobiler) (Le Point) (BFM Immo)
- Big Law firm Dentons faces a UK prosecution on allegations the firm violated anti-money laundering regulations. (Roll On Friday)
- In another one from France, Transport Minister Clément Beaune said the upcoming 2024 budget draft will include a tax hike on toll highway operators, and on airline tickets. The measures are part of the government’s efforts to close a funding gap, he said. (Mes Infos)
- The US Justice Department filed a lawsuit in Florida federal court to shut down three companies that offer services preparing federal tax returns in the state. The complaint accuses the defendants of preparing returns that understate their customers’ tax liabilities and overstate their refunds. (Justice.gov)
Avocado Weekly: French Government Caves to Protesting Farmers, Drops Diesel Tax Hike
Tax hike was among farmers’ complaints, but they have others and plan to continue blocking roads. The new French government