France says companies registered in tax havens, or with subsidiaries in such places, cannot benefit from the billions of euros of support being provided by the government to limit the economic damage of the coronavirus pandemic.
By tax havens the French government means EU’s list of 12 non-co-operative jurisdictions, which includes Panama and the Cayman Islands. So not EU members such as Luxembourg, Ireland and the Netherlands, whose tax regimes French policymakers have complained about in the past.
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