Regularization of hidden accounts abroad: 9.4 billion euros collected by Bercy in five years

Regularization of hidden accounts abroad: 9.4 billion euros collected by Bercy in five years

Closed at the end of 2017, the unit handled 47,000 cases in five years.

The Ministry of the Economy, Finance and Industry, in Paris.  (FRANCOIS GUILLOT / AFP)

The State has collected 9.4 billion euros in taxes and fines in five years, thanks to a unit set up after the Cahuzac affair to regularize assets abroad. A report was submitted to parliamentarians on Tuesday, August 27, Franceinfo learned, confirming information from the Figaro.

This tax service was opened in 2013 by the government of Jean-Marc Ayrault and was closed at the end of 2017. This unit allowed tax repenters to declare funds placed in countries practicing banking secrecy. Over 47000 files have been processed in five years. These taxpayers had the guarantee of the French State not to be prosecuted in criminal proceedings and only received fines or penalties.

After the counters closed on December 31, 2017, the unit continued to process more than 11,000 cases throughout 2018. These assets abroad made it possible to collect 938 million euros in taxes and penalties and therefore to replenish the state budget in 2018. Last year, 77% of the files presented to the Bercy regularization unit came from Switzerland.