France Boosts Tax Fraud Prosecution

30 October 2018
View Debevoise Update
Key takeaways:
  • The French Parliament recently passed a new law that changes key procedural aspects of tax law enforcement and should result in an increased number of tax fraud criminal prosecutions.
  • In order to help prosecutors manage the likely inflow of tax fraud cases, the new law extends the scope of the French pre-trial guilty plea and deferred prosecution agreement to such cases.
  • Unfortunately, the new law does not address still unresolved questions regarding the impact of self-reporting and other forms of cooperation on the terms of deferred prosecution agreements and the criteria used by authorities to decide whether to offer such an agreement.