Review of SocGen rogue trading tax credit "possible" - minister

Review of SocGen rogue trading tax credit possible - minister
 

French Budget Minister Christian Eckert said on Monday the state might review a tax credit French bank Societe Generale received following rogue trading losses suffered in 2008.
The government has asked tax authorities to investigate the tax implications of an appellate court ruling last month that former rogue trade Jerome Kerviel pay the bank 1 million euros (£0.86 million) in damages.
"So far the courts had not questioned Societe Generale's responsibility. The last ruling ... seems to open up this possibility," Eckert said on BFM Business television.
"I think that a review... read more

 
3 October 2016 in Business, Views: 38
Source: Reuters
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